The destructive economic impact of tariffs is plain enough. At last count, over 1,800 economists have signed a letter denouncing the Trump administration's protectionism for imposing "the largest tax increase on trade in almost a century." But when trade barriers are imposed on media, they don't block just the flow of goods and money, but also of ideas. Unfortunately, that's exactly what one of President Donald Trump's latest brainstorms threatens to do.
Is Foreign Film Production a National Security Threat?
"The Movie Industry in America is DYING a very fast death," Trump posted on Truth Social. "Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated. This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda!"