Trump announces 100% tariff for movies produced outside US

US President Donald Trump on Sunday announced a 100% tariff on all movies “produced in foreign land”, stating that the movie industry in America is “dying a very fast death” Indian Express reported.

Informing about his decision, the US president in a post on Truth Social claimed that he has authorized the Department of Commerce and United States Trade Representative to immediately implement the 100% tariff on movies produced outside of the United States, although Trump didn’t provide any details on how the tariff would be instituted.

“Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the USA, are being devastated,” Trump said, alleging that it is a concerted effort by other nations and hence a “National Security Threat”.