President Donald Trump late Sunday proposed a 100% tariff on foreign-made films, saying the policy would counteract financial incentives that have drawn Hollywood productions overseas. "WE WANT MOVIES MADE IN AMERICA, AGAIN!" Trump said in a post on social media.

Hollywood executives scrambled Monday to interpret President Trump’s call for stiff tariffs on movies produced outside the U.S. — a bombshell proposal that would upend how movies have been made for years.

States like California were already exploring incentives to bring more productions stateside before the President sparked industry uncertainty over his tariff threats.