Trump tariffs: US president says non-US movies to be hit with 100% levies
The president blamed foreign-made movies for the American film industry's "very fast death".
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The US being by far the biggest exporter of movies, the only way this makes sense is that Trump is not seeing enough ass-kissing (and bribes campaign donations) from the US movie industry, so he's actively trying to damage them.
Claim foreign movies are a threat, wait for other countries to retaliate against US movies, sit back and watch bribes sales of $TRUMP grow as the major studios seek his political favor.
I mean at least this is one of the situations where at its base a tariff makes sense in an industry protectionist way. Its not like putting insane tariffs on goods we dont even manufacture here whatsoever, which is just stupid.
That said, a 100% tariff is just mind bogglingly stupid dick-swinging in this already hostile trade environment. It would make more sense if it was like 5%. Not something that will make the world boycott our media
I mean at least this is one of the situations where at its base a tariff makes sense in an industry protectionist way
Except for the fact that - under no circumstances - do you need tariffs to protect a wildly successful industry. That makes no sense because there's nothing to protect against. It can literally only do harm.
It's probably just racism.