Trump is out with a pair of messages on Truth Social:
In order to make North Carolina, which has completely lost its furniture
business to China, and other Countries, GREAT again, I will be imposing
substantial Tariffs on any Country that does not make its furniture in
the United States. Details to follow!!! President DJT
And this:
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! Therefore, in order to solve this long time,
never ending problem, I will be imposing a 100% Tariff on any and all
movies that are made outside of the United States. Thank you for your
attention to this matter. MAKE AMERICA GREAT AGAIN! President DJT
It’s unclear how it’s possible to put a tariff on a movie.
I suspect the recent positive market reaction and lower-than-feared inflation has emboldened Trump to press further on tariffs.
This article was written by Adam Button at investinglive.com.