Trump's Wildin' – Movie Tariffs Incoming?! 🎬💸
Trump movie tariff threat takes aim at multibillion-dollar Canadian film industry. Okay, so Trump's talkin' 'bout droppin' a HUGE tax bomb (like, 100% HUGE) on movies made outside the U.S. Apparently, he thinks Hollywood is DYING and Canada's stealin' all the movie jobs. This could seriously mess wi
TL:DR
Okay, so Trump's talkin' 'bout droppin' a HUGE tax bomb (like, 100% HUGE) on movies made outside the U.S. Apparently, he thinks Hollywood is DYING and Canada's stealin' all the movie jobs. This could seriously mess with places like Toronto and Vancouver, where all the big studios are filming. Drama alert!
The Deets
Yo, listen up, 'cause this is kinda wild. Trump's out here saying he's gonna slap a 100% tariff on movies made anywhere but the U.S. if he gets back in office. Yeah, you heard that right – ONE HUNDRED PERCENT. He's saying Hollywood is, like, totally fading away, and all these other countries are offering mad incentives to get filmmakers to bounce.
He's framing it like it's a whole "national security threat" situation, which is kinda sus, TBH. He wants to bring all those movie jobs back to America, claiming foreign film production is basically "messaging and propaganda." Sounds like some boomer stuff, but whatever.
Now, this is where it gets spicy for Canada. Places like Ontario and British Columbia are HUGE for film production. We're talkin' billions of dollars and thousands of jobs. All the big players – Amazon, Netflix, Paramount, Disney, the whole squad – are filming up there 'cause of the sweet tax breaks. If Trump goes through with this, it could be a major L for the Canadian film industry.
Like, B.C. alone had $2.3 billion in film and TV production in 2023. Ontario had about $1.8 billion. That's a LOTTA loonies (Canadian dollars, for those not in the know). They give out mad subsidies to keep the industry thriving. But with a 100% tariff? Ouch.
Industry peeps are already side-eyeing this hard. Some are calling it "insane" and saying it'll mess with indie films and international collabs. Others are just straight-up confused. It's a whole mess, fam. We'll have to wait and see if this actually happens, but it's def something to keep an eye on. Stay woke!
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| Wildin' | Acting crazy or out of control. |
| Sus | Suspicious or questionable. |
| TBH | To be honest. |
| Boomer | Someone from the Baby Boomer generation. |
| Spicy | Interesting and controversial. |
| L | Loss. |
| Looney | Canadian one-dollar coin. |
| Peeps | People. |
| Side-eyeing | To look at someone or something with disapproval or suspicion. |
| Mad | A lot of something |
| Stay woke | Stay informed and aware of important issues |