Los Angeles, May 5 -- US President Donald Trump announced a 100% tariff on all movies produced outside the United States, calling foreign films a threat to the American film industry and national security.
In a post on Truth Social, Trump argued that foreign countries are offering attractive incentives to lure Hollywood productions away from the US, which he believes is hurting the industry and even threatening national security, and labelled imported films as vehicles for "propaganda", as per a report by VARIETY.
"The Movie Industry in America is DYING a very fast death," Trump wrote. "Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas withi...