Tariff on foreign films not finalised: WH
American entertainment industry reacted with a mixture of alarm and bafflement on Monday after President Donald Trump said he would put a 100% tariff on all movies produced outside the US, but issued few details on just how such a levy would work.
Trump's Sunday announcement was the latest in his series of levies and threats on various global industries in an effort to boost industrial activity in the United States.
But his trade policy, a combination of tariffs, rollbacks and investigations that could lead to more import taxes, has sapped consumer and business confidence due to their confusing implementation and left many businesses in limbo.
Tariffs on movies might prove more difficult to implement than even the highly integrated North American automobile industry.
The White House said on Monday that it had not made any final decisions on foreign film tariffs, but noted how Hollywood film production sharply declined from the previous year.
Trump did not say whether the duties will apply to films on streaming platforms as well as theatrical releases.
Trump to give illegals $1K to leave country
The Trump administration says it is going to pay USD 1,000 to illegal immigrants ready to deport voluntarily. The Department of Homeland Security said in a news release Monday that it’s also paying for travel assistance and that those people who use an app called CBP Home to tell the government that they plan to return home will be “deprioritised” for detention and removal by immigration enforcement. “Self-deportation is the best, safest and most cost-effective way,” an official said.