Trump, in an evening post on his social media platform Truth Social, said he has instructed the Commerce Department and US Trade Representative to place a 100% tariff on films that are produced outside the United States and imported into America.

He attributed this to filmmaking incentives provided by other countries and described it as “a concerted effort by other Nations and, therefore, a National Security threat.” Hollywood immediately panned the idea and portrayed it as an existential threat to the U.

President Donald Trump's announcement of a tariff on a foreign-produced movies caused shock and confusion in Hollywood. Here's what you need to know.