India, May 6 -- United States President Donald Trump dropped a massive bomb for the entertainment industry on Sunday, announcing the process of imposing 100% tariff on all foreign-produced movies coming into the US. This has signalled trouble for Bollywood since the Indian diaspora in the US significantly contributes to films' overseas collections. The New York Times raised questions about whether this applies to indie foreign-language films meant for arthouse cinemas and OTT platforms, movies receiving tax incentives from foreign countries, scenes shot overseas, or overseas postproduction visual effects work. This also begs the question: shouldn't the Indian government take steps to boost our film industry, which has struggled post Covid? Exhibitor Akshaye Rathi reasons, "It doesn't make sense to penalise their industry; we should incentivise our own country. For instance, when the Russia-Ukraine war started, studios put an embargo on Russia as a market. They developed their own fraternity so well that now, their box office is 100% back to how it used to be before. And Hollywood is not getting a penny out of it!" Shibasish Sarkar, president of Producers Guild of India, opines, "It won't make sense for the Indian government to counter tariff, it's a wait and watch situation. The US government has done it to reduce dollar outflow for the film business."...