In a bold move to revive the U.S. film industry, President Donald Trump announced a 100% tariff on films made outside the United States (foreign films). The announcement has already sent shockwaves through Tollywood, causing panic among producers and distributors.
The announcement makes official what Trump had hinted at back in May when he directed the Department of Commerce and the US Trade Representative to start the process of levying heavy tariffs on foreign films.
On Truth Social, Trump wrote, “Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby.’ California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long-time, never-ending problem, I wil