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Trump Plans to Impose 100% Tariff on Foreign Movies to Support Hollywood
US President Donald Trump has announced a plan to impose a 100% tariff on foreign films brought into the country. This decision could shake up the entertainment industry.
The proposal, revealed during a recent policy briefing, is aimed at protecting and boosting the American film sector, which he argues has faced tough competition from international productions. If implemented, it would mean any movie made outside the United States would cost double to be imported and screened in American theaters.
Supporters of the move believe it could create more opportunities for homegrown filmmakers, push Hollywood to dominate the local box office, and keep profits within the country. On the other hand, critics warn it could limit movie variety, reduce cultural exchange, and even cause trade disputes with countries that heavily export films to the US.
Hollywood insiders are also split. Some see it as a chance to strengthen American creativity, while others worry that it could isolate the industry from the global market and make international collaborations harder.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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