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This is going to go over REAL well in Hollywood. Not to mention that most box-office receipts for Hollywood movies seen in theatres come from overseas markets-- China in particular, so much so that PRC has effective vetoes on content, casting etc. I hope Chump doesn't imagine they aren't going to retaliate. Expect a wholesale explosion in content piracy.
The "indie" film industry in the US may get a boost from this on the margins (some audiences who remain adamant about viewing movies in theatres may prefer to watch indie films shot entirely in the United States rather than a pay a tariff premium on mainstream blockbuster-type movies largely produced elsewhere). However, of the people who either work in the "indie" film industry or who watch its output, not even an infinitesimal fraction could be convinced to vote for Chump under any circumstances
IMO you are all overthinking this. Our friend does not think that much, he just makes a statement that his limited brain understands that morning and then puts that up as a SM post. Then he tells his team of sycophants to implement it. They in turn tell their teams and that manifests into some sort of policy. What our friend wants is simple. He just wants nonstop media attention and talking points. He thinks American consumers are so indispensable that their international suppliers will bend their backwards to service them. He thinks he found a new way to fill the federal coffers with new streams of revenue from the American consumers and somehow these service providers will move their production to the native land to reduce costs for their special market place. As an added bonus, he can also fill his personal coffers when the international players will financially mollycoddle him which he then can pay back with personal favors.
Most industries will adjust to new reality by making market adjustments and finding loopholes. American consumers are not making new money. They are already debt ridden. Therefore they will learn to consume less. All these policies are going to have their negative effect in few years on American economy and good will, but who cares? By then our friend would have left the mess for someone else to cleanup.