In a bold move, US President Donald Trump has announced a 100% tariff on all movies made outside the United States. In a statement, Trump argued that Hollywood is losing ground as other countries lure American filmmakers with attractive incentives and benefits. The tariff is set to have a significant impact on the global film industry, particularly Indian cinema, which has seen an increasing presence in the US market.
In a bold move, US President Donald Trump has announced a 100% tariff on all movies made outside the United States. In a statement, Trump argued that Hollywood is losing ground as other countries lure American filmmakers with attractive incentives and benefits. The tariff is set to have a significant impact on the global film industry, particularly Indian cinema, which has seen an increasing presence in the US market.