The president blamed foreign-made movies for the American film industry's "very fast death".

He blamed a “concerted effort” by other countries that offer incentives to attract filmmakers and studios, which he described as a “National Security threat”.

“WE WANT MOVIES MADE IN AMERICA, AGAIN!”

US Commerce Secretary Howard Lutnick responded to the announcement, saying “We’re on it”.

This is an actual thing. I figured it was made up, but no, Trump is serious. :)