From CNBC: 2025-05-05 16:32:00

President Donald Trump proposed a 100% tariff on movies made overseas, causing Hollywood investors to react. Shares of Netflix, Disney, Paramount, Warner Bros. Discovery, and Comcast fell before rebounding. Trump cited foreign tax incentives as a national security threat, authorizing the Department of Commerce to impose a levy on foreign-produced films sent to the US.

The implementation of these tariffs and their targets remain unclear. Hollywood studios often film overseas for various reasons. Analysts predict challenges for studios lobbying the Trump administration for reasonable standards. Netflix relies heavily on international content production, with only limited control over where it’s filmed.

Industry experts question the impact of the proposed tariffs on production processes and completed projects. Concerns also arise about potential retaliation from other countries and the impact on international box office sales. With China already restricting Hollywood films, further restrictions could strain international relations and box office revenue.



Read more at CNBC: Movie studio stocks fall after Trump proposes foreign film tariff