Trump has threatened a 100% tariff on foreign films to protect Hollywood, sparking fears of higher costs, retaliation and market disruption

Trump film tariff threats have resurfaced after U.S. President Donald Trump vowed to impose a 100% import duty on all films produced outside the country.

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The proposal, announced on his Truth Social platform, forms part of a wider protectionist trade strategy that has already unsettled global markets.

Trump accused foreign nations of “stealing” Hollywood productions through subsidies and incentives, declaring:

“Our movie making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby.”

While Trump first floated the idea in May, this latest warning has amplified concerns across the entertainment industry.

No timeline or enforcement framework has been provided, raising doubts about how such a sweeping measure could be implemented in an industry where films are often produced, financed and distributed across multiple countries.

Analysts warn that a 100% tariff would dramatically inflate costs, discourage international collaboration and invite retaliation from major film markets.

The potential fallout could strain global partnerships, which underpin much of Hollywood’s box office success.

Studios such as Warner Bros Discovery and Paramount Skydance, heavily reliant on overseas revenues, saw their share prices dip after the announcement.

Investors fear prolonged uncertainty as Trump also eyes new import duties on pharmaceuticals, furniture and heavy trucks.

Industry experts caution that defining a “foreign film” may prove near impossible. Modern productions often rely on hybrid structures, with filming abroad, post-production in Los Angeles, and financing spread across several continents.

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Despite the ambiguity, the threat underscores Trump’s broader economic nationalism, raising the spectre of a trade war spilling into cultural industries.