0:00
if you thought that the chaotic vibes of
0:02
the new Trump term might ease up a bit
0:03
now we've hit the 100 day point it looks
0:05
like it's going to take another notch up
0:08
So now he's launched a direct attack on
0:11
the film industry with massive 100%
0:14
tariffs on movies coming into the US
0:16
Trump has slammed international films as
0:19
propaganda warning that Hollywood is
0:21
being devastated and that the US film
0:24
industry is dying a very fast death In
0:27
an exaggerated truth social post of
0:29
course in all caps Trump said "We want
0:32
movies made in America." Again this is a
0:34
particular hit to the UK film industry
0:36
which in recent years has produced a
0:38
number of international blockbusters
0:40
Wicked Wonker and Barbie and Wolverine
0:44
were all produced in Hertfordshire and
0:46
the new Star Wars films were produced in
0:48
Pinewood Studios Buckinghamshire There
0:50
has been huge investment in the UK from
0:52
major streamers So Amazon for instance
0:55
has pumped in4 billion pounds and of
0:57
course The Crown which ended up being
0:59
one of the most expensive TV series of
1:01
all time was a major investment in the
1:04
UK creative industries by Netflix This
1:07
latest Trump policy had not been trailed
1:09
or predicted and has caught the industry
1:11
offg guard There is still significant
1:13
confusion about what it exactly means to
1:15
be an American film So if a film has an
1:17
American director American actors
1:19
American funding but it's filmed in the
1:21
UK is it still American It's all a sign
1:23
that we should continue to expect the
1:25
unexpected So on Sunday Trump appeared
1:27
on NBC News's Meet the Press program for
1:30
an extended interview He gave some hints
1:33
about the shape of this next phase of
1:35
his trade policy So Trump said that some
1:37
tariffs will be here to stay even as the
1:39
US starts to agree trade deals He did
1:41
say that tariffs on China would be
1:43
lowered at some point otherwise to quote
1:46
him you can never do business with them
1:47
And he also said in one of the all-time
1:49
classic Trump quotes that there are good
1:51
parts of the economy and they're the
1:52
Trump economy and there are bad bits of
1:54
the economy and they're the Biden
1:55
economy Quote unquote because he's done
1:57
a terrible job Trump claimed that under
1:59
Biden the US economy was losing five to6
2:01
billion a day But the US president did
2:04
pour cold water over the idea that he
2:06
could defy the US Constitution to seek a
2:08
third term in office He said that it's
2:11
not something he's looking to do
2:12
Although he did make sure to emphasize
2:14
that people do want him to go for a
2:16
third term Trump may not be going for a
2:18
third term but for huge swavthes of
2:20
international business and trade even
2:22
two terms might be a little too much For
2:25
everything you need to know about this
2:26
story as it develops head to cam.com
