That is, until Sunday night, when Donald Trump sought to turn back the clock and undo some 75 years of history. Using the blunt instrument of a tariff, he sought to bring us back to that pre-Wylerian times of a default shooting on a Southern California backlot, or at least whatever U.S. state is currently offering the most generous tax incentives.

President Donald Trump is eyeing Hollywood for his next round of tariffs, threatening to levy all films produced outside the U.S. at a steep rate of 100%.Over the weekend, Trump accused other countries of “stealing the movie-making capabilities” of the U.

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.

Key Takeaways President Donald Trump said Sunday that the high tariffs against China, imposed in April, are only meant to be temporary, raising hopes in financial markets of a trade deal between the world's two largest economies.

Yet President Donald Trump’s definition of trade barriers includes a slew of issues well beyond the tariffs other countries impose on the U.S., including some areas not normally associated with trade disputes.

President Trump is minimizing concerns over further economic turmoil as he moves forward with trade negotiations and steps up pressure on Congress to pass a tax-and-spending bill. In the coming week,