New Delhi, May 5 -- U.S. President Donald Trump announced on Sunday a 100% tariff on all movies produced outside the United States.

He said he was authorizing the U.S. Trade Representative to process the institution of the tariff because the United States' movie industry is dying "a very fast death" due to other countries offering incentives to attract filmmaker's and studios.

"This is a concerted effort by other Nations and, therefore, a National Security threat," Trump said in a post on Truth Social. "It is, in addition to everything else, messaging and propaganda!"

"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 St...