Trump Being Trump, Takes Credit For The Good, Blames Biden For The Bad! Slaps 100% Tariffs On Foreign Films
In true Trump fashion, the president recently claimed the booming parts of the U.S. economy as his own doing while blaming Joe Biden for everything that’s going wrong.
In an interview, Trump confidently declared that he’s responsible for the “good parts” of the economy. As for the “bad parts”? That’s on Biden, he said!
He also came out swinging in defense of his new tariffs, despite concerns that they could worsen economic uncertainty; brushing off worries and touting them as the start of a new economic era.
Even when asked about possible short-term pain, he was unfazed. “Look, yeah, it’s — everything’s OK. What we are — I said, this is a transition period. I think we’re going to do fantastically,” he said.
And in peak Trump style, he had a rather unique take on consumerism too: “I don’t think a beautiful baby girl that’s 11 years old needs to have 30 dolls,” he mused, before adding that kids can do just fine with three dolls and five pencils instead of hundreds.
But the headline-grabbing moment came when Trump announced a 100% tariff on foreign-produced films, saying the American movie industry was on the verge of dying due to aggressive tax incentives from other countries.
“WE WANT MOVIES MADE IN AMERICA, AGAIN!” he wrote on Truth Social, framing the move as a matter of national security and propaganda.
Commerce Secretary Howard Lutnick quickly chimed in on X: “We’re on it.” But as of now, the administration hasn’t shared any details on how or when these tariffs would kick in—or how they would be calculated. Would it apply to streamers? Theater-only releases? No one seems sure, not even Hollywood itself.
Still, the film industry was left scrambling Sunday night, trying to understand what this means. The Motion Picture Association stayed quiet, while insiders noted that almost half of all U.S. big-budget film and TV spending now happens overseas – in places like Canada, the UK, and Australia.
Production has steadily drifted away from Hollywood over the last decade, lured by better tax deals and lower costs. In fact, a recent survey shows California now ranks sixth as a preferred filming destination behind Toronto, Britain, and even Central Europe.
And Trump’s move could spark retaliation from other countries, potentially harming U.S.-based studios even more. “The retaliation will kill our industry,” warned former Commerce official William Reinsch, calling the national security argument for taxing films “a stretch at best.”
Still, Trump’s message, if it’s good, it’s his doing. If it’s bad, blame Biden. And if your favorite foreign film suddenly costs a lot more to stream, well, now you know why.
More On Economy…
Going deeper into his interview at his Mar-a-Lago estate, Donald Trump casually brushed aside fears about everything from a looming recession to rumors that he’s eyeing a third presidential term – which, by the way, would be unconstitutional.
During the hour-long “Meet the Press” interview, Trump gave his take on the economy, foreign policy, immigration, and more – all while confidently defending the wave of executive actions he’s signed in his first 100 days back in the Oval Office. Even as critics raise alarms over the constitutionality of some of these moves, Trump seemed unbothered.
When asked about small businesses worried about the pain caused by his tariffs on Chinese goods, Trump dismissed the concern with trademark bravado: “They’re not going to need relief. They’re going to make so much money.”
And when asked about the rising cost of everyday items like tires and strollers, Trump waved it off and pivoted straight to gas prices, calling them “thousands of times more important.” As for the rest, Americans, he implied, could learn to live with a little less.
As for who could carry the MAGA torch after him? He name-dropped Vice President JD Vance and Secretary of State Marco Rubio, hinting that Vance could have a bit of an edge. “If that person is outstanding,” Trump said, “I guess that person would have an advantage.”
Trump also took some swings at critics, targeting universities, law firms, and other institutions that have opposed his policies. Still, when asked if dissent is a key part of democracy, he conceded, “It’s a part of democracy.” Not quite a ringing endorsement, but we’ll take it.
And while he’s signed orders instructing the DOJ to look into his opponents, Trump insisted he’s not pushing them to do his bidding, and that, yes, he believes people should be able to criticize him without fear.
Managing the Economy, Trump Style – Fewer Dolls, Fewer Pencils, and a Whole Lot of Tariffs
Donald Trump’s second-term economic vision is undoubtedly as bold as ever, just maybe not in the way most Americans were expecting.
In the early months of his new presidency, Trump’s made major headway on one of his biggest campaign promises: cracking down on illegal immigration. On Day One, he declared a national emergency to widen his powers at the southern border. And while the courts have put the brakes on some of his mass-deportation plans citing a little thing called due process, illegal crossings have reportedly dropped.
But don’t expect that “emergency” label to go away anytime soon.
Asked if it’s time to lift the emergency declaration, Trump said bluntly: “No, no, no.” For him, the “real” crisis is that there are “thousands of people we want to take out, and we have some judges that want everybody to go to court.” The border may not be the emergency anymore, but apparently the courts now are.
Inflation has ticked down slightly, from 3% to 2.4% year-over-year, but prices remain high and the president’s rosy claims often don’t square with reality. In the interview, he insisted gas is under $2 a gallon in some places something that doesn’t reflect what most Americans are seeing at the pump.
Meanwhile, the U.S. economy shrank in Q1 of 2025 by 0.3%, the first negative growth in three years. Economists point to a spike in imports, companies rushing to stock up before Trump’s tariffs hit, as a major reason. That surge technically drags down GDP.
Still, Trump is selling it as growing pains on the road to greatness. His tariffs, he argues, will ultimately pay off by slashing the trade deficit and bringing in revenue. “We don’t have to waste money on a trade deficit with China for things we don’t need, for junk that we don’t need,” he told Kristen Welker.
His critics say those tariffs are only adding to the cost of everything from diapers to dishwashers, and could tip the economy into a recession. But Trump says: relax.
“Look, yeah. Everything’s OK,” he said. “This is a transition period. I think we’re going to do fantastically.”
Is he worried about more economic shrinkage?
“No,” he said, before hedging: “Anything can happen. But I think we’re going to have the greatest economy in the history of our country.”
The Last Bit
History may not be so easily undone, not even by Trump!
With inflation still biting and U.S economy registering mega slips, as ever with Trump, its about the story he tells and as far as he is concerned – its all Biden!
