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

Washington: 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.

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 devastated. This is a concerted effort by other nations and, therefore, a national security threat,” he posted on his social media platform, Truth Social.

“It is, in addition to everything else, messaging and propaganda! Therefore, I am authorising the Department of Commerce and the United States Trade Representative to immediately begin the process of instituting a 100 per cent tariff on any and all movies coming into our country that are produced in foreign lands. We want movies made in America again,” the post added.

Addressing reporters at the White House on Sunday, Trump had blamed California Governor Gavin Newsom for the decline in film production in Hollywood, specifically over the last several years.

He said that other nations have been “stealing” the movies and moviemaking capabilities from the US.

“If they’re not willing to make a movie inside the United States, we should have a tariff when movies come in,” Trump added.

Reports suggest that production has declined in California following budget cuts and more generous tax incentives outside. Additionally, the American film industry reportedly suffered a series of economic setbacks in recent years, including the Hollywood labour strikes and the Covid pandemic.

In January, Trump appointed three film stars — Jon Voight, Mel Gibson and Sylvester Stallone — as special ambassadors tasked with promoting business opportunities in Hollywood, calling the industry a “great but very troubled place.”

Trump said their job is to bring business back to Hollywood, saying that it “has lost much business over the last four years to foreign countries.”

“They will serve as special envoys to me for the purpose of bringing Hollywood, which has lost much business over the last four years to foreign countries, back — bigger, better and stronger than ever before!” Trump posted during that time.

IANS

 

Current indicators show India’s economy is doing well: CEA Nageswaran

New Delhi: Chief Economic Advisor (CEA) V. Anantha Nageswaran has highlighted that current indicators show the Indian economy is continuing on a high growth path despite the global challenges. Speaking...

Proxy war in Mahayuti, says Uddhav Thackeray’s Saamana

Mumbai: Shiv Sena(UBT) on Monday claimed that all is not well in the Mahayuti government as, despite a roaring majority, the alliance partners -- BJP, Shiv Sena and NCP --...

India set to lead World Bank’s global land reform talks in Washington

New Delhi: A high-level Indian delegation is set to present its transformative SVAMITVA Scheme and Gram Manchitra platform at the World Bank Land Conference 2025, taking place from May 5...

Entertainment City in Amaravati to create jobs, attract FDI: CM Naidu

Amaravati: Andhra Pradesh Chief Minister N. Chandrababu Naidu said on Sunday that India's first Transmedia Entertainment City to be launched here will create 25,000 jobs and attract Foreign Direct Investment...

Rubio slams Germany after it classifies far-right AfD party as ‘extremist’

Washington: US Secretary of State Marco Rubio has harshly criticised Germany after its domestic intelligence agency described the far-right Alternative for Germany (AfD) an extremist entity that threatens democracy and...

Lebanon warns Hamas against undermining national sovereignty, security

Beirut: Lebanon's Supreme Defence Council has issued a recommendation to the government, warning Hamas against carrying out "any actions that could undermine the country's sovereignty and national security". The warning...

398 cases of attack on journalists registered in B’desh in a year: Report

Dhaka: The continuous incidents of harassment of journalists in Bangladesh have exposed the grim reality of the situation that the South Asian nation is facing under the Muhammad Yunus-led interim...

Pahalgam handlers same as those behind 26/11, Uri, Pulwama: Farooq Abdullah

New Delhi: Hinting at Pakistan’s role in the Pahalgam terror attack, former Union Minister and president of the National Conference party Farooq Abdullah on Friday said the same handlers who...

Mexico, US to work to improve trade balance: Sheinbaum

Mexico City: Mexican President Claudia Sheinbaum has said she had a "very positive" telephone call with her US counterpart Donald Trump, during which they agreed to continue working together to...

Iran says fresh sanctions reveal US ‘economic terrorism’ attempt

Tehran: Iranian Foreign Ministry spokesman Esmaeil Baghaei has strongly condemned fresh US sanctions on individuals and entities in Iran and other countries on the pretext of cooperating with Tehran in...

Uyghur scholar demands action against China’s ‘genocide’ and slave labour

Oslo: Sayragul Sauytbay, Vice President of the East Turkistan Government in Exile (ETGE), has once again highlighted the "ongoing genocide" and "crimes against humanity" being committed by China against Uyghurs,...

It would be right if someone gives credit to Rahul Gandhi, Akhilesh Yadav for caste census: Abu Azmi

Mumbai: After the Cabinet Committee on Political Affairs (CCPA), led by Prime Minister Narendra Modi, approved the enumeration of castes in the upcoming Census, Samajwadi Party’s Maharashtra President, Abu Azmi,...

Read Previous

‘Nincompoop’: Amit Malviya on Ajay Rai for ‘Rafale toy’ gimmick

Read Next

Iran vows retaliation if attacked, cites missile readiness

WP2Social Auto Publish Powered By : XYZScripts.com