'Hollywood is dying', Trump imposed 100% tariff on films made outside America; said- we want...

News Topical, Digital Desk : US President Donald Trump on Sunday announced a 100% tariff on films produced outside the United States. Trump announced a 100% tariff on films produced outside the United States.

Trump says that the American film industry or Hollywood is vanishing very fast due to the incentives that other countries are giving to lure American filmmakers. In view of this, this decision is being taken.

40 percent drop in film production

Trump further said, 'We want movies to be made in America again!' After this, Commerce Secretary Howard Lutnick also posted about this on X. He said in the post, 'We are working on it.' Neither Lutnick nor Trump have given any more details about it. It was not immediately clear whether this move would target foreign or American production companies that make films abroad. Let us tell you that film and television production in Los Angeles has declined by about 40% in the last decade.

Trump explained the meaning of the new tariff

Let us tell you that Trump focused on the need to return to domestic film production and said, 'We want films to be made in America again. The purpose of the new tariff is to level the playing field and encourage studios to continue their operations on American soil.'

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