India, May 5 -- US President Donald Trump on Sunday announced that he had authorised the department of commerce and the USTR to begin the procedure of imposing 100 percent tariff on all foreign-produced movies coming into the United States.

Taking to Truth Social, Trump accused other nations of luring American filmmakers and studios away from the country.

"The Movie Industry in America is DYING a very fast death. 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. This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and pro...