Threat to national security: Trump imposes 100 pc tariff on films produced outside US

US President Donald Trump on Monday (Indian time) announced a new 100 per cent tariff on foreign films, stating that the movie industry in America is "dying a very fast death,” which, according to him, is posing a national security threat.

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He accused other countries of offering all sorts of incentives and drawing filmmakers and studios away from the US.

"Industry in America is dying a very fast death. Other countries are offering all sorts of the movie incentives to draw our filmmakers and studios away from the United States. Hollywood and many other areas within the USA are being devas-tated. This is a concerted effort by other nations and, therefore, a national security threat," he posted on his social media platform, Truth Social.