Former President Donald Trump has repeated his threat to impose a 100% tariff on all films not made in the US, claiming the American industry had been stolen by other countries.

He said on Monday that California had been heavily affected and the levy would solve this long time, never ending problem.

In May, the US president mentioned that he would engage with Hollywood executives regarding this plan, asserting that America's film industry was dying a very fast death.

Trump's remarks follow a recent announcement of a new wave of tariffs, including a 100% levy on branded or patented drug imports.

Trump stated on his Truth Social platform: Our movie making business has been stolen from the United States of America, by other countries, just like stealing 'candy from a baby.' California, with its weak and incompetent Governor, has been particularly hard hit!

The proposed 100% tariff would apply to any and all movies made outside the United States, although details about when this tariff would take effect remain unclear. Furthermore, questions arise about whether the tariffs would extend to films on streaming platforms like Netflix or only those displayed in cinemas.

Investment analyst Dan Coatsworth expressed skepticism, questioning the practicality of taxing films, as many filmmakers prefer to shoot movies abroad due to favorable financial incentives.

With the continuing loss of Hollywood's appeal, the enforcement of such tariffs could significantly increase production costs, leading to higher prices for consumers and potentially diminishing demand for streaming services and cinema attendance.

As of now, investors appear to be unconcerned, as evidenced by fluctuations in stock values for companies like Netflix and Disney.

Several recent major films produced by US studios were shot outside of America, including Deadpool & Wolverine, Wicked, and Gladiator II. Despite these challenges, the US remains a critical film production hub worldwide, having seen $14.54bn in production spending last year, though this figure has decreased by 26% since 2022.

Countries like Australia, New Zealand, Canada, and the UK have seen increased production spending as filmmakers continue to flock to locations offering better financial incentives.