On the evening of May 4, President Donald Trump posted on his Truth Social account with a strong message about the American film industry. Saying that “the movie industry in America is dying a very fast death,” he announced that the U.S. will place a 100% tax on all movies made outside the country.

Trump made his point clear in all caps: “WE WANT MOVIES MADE IN AMERICA, AGAIN.”

This is the statement of President Donald trump on truth social.

The announcement quickly caused a lot of discussion. Many people on social media and in the film world said that movies and art should bring people together, not be used for political goals. “Art is what unites us,” wrote one of the social media users.

The president told the Department of Commerce and the U.S. Trade Representative to start putting the new tax in place, though it’s still unclear how they’ll do it.

The stock market reacted quickly. Big companies like Netflix and Disney saw their share prices drop, as investors worried the new rule could hurt movie production and global partnerships.

Other countries responded fast. Places like Australia, which often welcome Hollywood productions with tax breaks, shared concerns about how this decision could hurt their local film industries. Experts warned the move could damage creative teamwork between countries and lead to trade problems.

As the situation develops, many are now asking how far the U.S. should go to protect its own film industry—and what this could mean for movies made around the world.