
The sword of Damocles hanging for several months over the global film industry located outside the US appears to have fallen: US president Donald Trump announced on Monday that he wants to impose a 100% tax on films made abroad.
"Our movie making business has been stolen from the United States of America, by other Countries, just like stealing 'candy from a baby.' California, with its weak and incompetent Governor, has been particularly hard hit!” Trump wrote on his social media Truth Social, adding: “Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! President DJT.”