(Rewrites paragraph 1, adds details, updates shares and background throughout) Sept 29 (Reuters) – U.S. President Donald Trump said on Monday he would impose a 100% tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood's global business model. The step signals Trump's willingness to extend protectionist trade policies into cultural industries, raising uncertainty for studios that depend heavily on international box-office revenue and cross-border co-productions. Trump announced the measure in a post on his Truth Social platform, claiming U.S. movie-making is losing ground to international competition. "Our movie making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby," he wrote. However
UPDATE 2-Trump says US to impose 100% tariff on movies made outside the country

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