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Laura Coates Live

Trump Says Hollywood “Decimated”, Floats Foreign-Made Movie Tariff

Laura Coates Live

CNN

News

4.22.5K Ratings

🗓️ 6 May 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Filmmakers and Hollywood financiers are baffled, to say the least, by President Trump’s announcement that he wants a 100% tariff on movies produced outside the United States. Several movie studio and streaming industry executives who spoke with CNN are downright apoplectic because, they believe, the president hasn’t thought about the ramifications of his proposal, which could decimate an iconic industry. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Tonight, Trump looks back in time with reverence for Alcatraz and Hollywood.

0:08.0

But what happens when he's asked about the nation's oldest and most important document?

0:12.0

And about those tariffs that might hit the film industry?

0:16.0

Is Trump producing his trade war as a mystery, a hero's revenge, or a horror show.

0:22.3

Plus, the Diddy trial begins.

0:24.8

The questions potential jurors are facing in what Diddy himself revealed to a judge.

0:29.1

Tonight on Laura Coates Live.

0:36.9

So, you know how President Trump talks about kick-starting America's golden age?

0:42.3

Seems like he wants to do it by brushing the rust-off old American icons.

0:47.7

Take Alcatraz.

0:51.0

Present something very strong, very powerful in terms of law and order. Our country needs law and order. It represents something very strong, very powerful in terms of law and order.

0:55.0

Our country needs law and order.

0:57.0

It represents something.

0:58.0

Right now it's a big hulk that's sitting there rusting and rotting.

1:03.0

Very, you look at it, it's sort of an, you saw that picture that was put out, it's sort of amazing.

1:10.0

But it sort of represents something that's that was put out. It's sort of amazing. But it sort of represents something

1:12.5

that's both horrible and beautiful and strong and miserable weak.

1:19.8

Now, the former maximum security prison has been closed for six decades. And people hear

1:25.6

about it now. They probably think about San Francisco tourism.

1:29.0

Nicholas Cage and Sean Connery may come to mind before Al Capone and machine gun Kelly.

1:34.7

But Trump, he wants to change that, but taking it back to his notorious heyday, a place where the

1:39.7

worst of the worst were locked up.

...

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