WASHINGTON EXAMINER: Trump lets Newsom off the hook for wrecking Hollywood
President Donald Trump has thrown yet another hand grenade into the economy, this time in the form of an evening post to Truth Social about imposing a 100% tariff on movies produced overseas. It seems strange to proclaim that “the Movie Industry in America is DYING a very fast death” and suggest a so-called defense that sparks a 3-5% dip in stock price for Netflix, Warner Bros., Disney, and Paramount.
While stocks normalized, the entertainment industry is still trying to figure everything out, especially as Commerce Secretary Howard Lutnick indicated he’s working on a policy. This tariff business is getting way out of hand.
CONCLUSION: MAGA is quickly becoming locked into a scarcity mindset, openly hostile to market conditions that allow for more consumer choice. The idea that shooting a film overseas, whether it be for cost savings or unique locations like the salt flats of Bolivia, the glaciers of Iceland, or the deserts of Tunisia, is somehow unpatriotic is an absurdity.
Taking into account what Rob Lowe said of his game show’s production abroad, what is more patriotic than filming in Ireland to spurn Gavin Newsom’s tax regime in California?