Donald Trump said the American movie industry was dying a "very fast death" due to the incentives that other countries were offering to lure filmmakers.

NEW YORK (AP) — 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%.

Declaring foreign film production a national security threat, the president said he had asked his top trade official to start the process of imposing a tax on Hollywood.