Trump’s Proposed 100% Film Tariff Threatens US Creative Exports, Fuels Retaliation, Says ITIF
Trump’s Proposed 100% Film Tariff Threatens US Creative Exports, Fuels Retaliation, Says ITIF
WASHINGTON—Following President Trump’s suggestion of imposing 100 percent tariffs on foreign films, the Information Technology and Innovation Foundation (ITIF), the leading think tank for science and technology policy, released the following statement from Rodrigo Balbontin, associate director for trade, IP, and digital technology governance:
President Trump's idea to impose a 100% tariff on all foreign films will undermine the U.S. film industry and open the gate for retaliation on all digital services.
Tariffs on foreign movies will be the first measure to impose unprecedented tariffs on services. Thanks to its digital economy, the United States has a global trade surplus on services, including films and TV, and America's top companies export digital services. Expanding the trade war to the digital service sector will create a retaliation risk to one of the United States's unique advantages: American creativity, innovations, and specialized knowledge.
Instead of tariffs, the Trump administration can protect America's film industry by reinforcing copyright protection. For example, Trump's administration should call for Congress to pass legislation to block foreign piracy websites that hurt U.S. creative industries. This is a proven measure, authorized by at least 50 countries, that reduces piracy, increases legal content consumption, and safeguards America's creative industry from theft. The Trump administration should insist on stronger intellectual property protections, including copyright, with the countries that are now negotiating over the Trump tariffs.
Contact: Austin Slater, [email protected]
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The Information Technology and Innovation Foundation (ITIF) is an independent, nonprofit, nonpartisan research and educational institute focusing on the intersection of technological innovation and public policy. Recognized by its peers in the think tank community as the global center of excellence for science and technology policy, ITIF’s mission is to formulate and promote policy solutions that accelerate innovation and boost productivity to spur growth, opportunity, and progress.