US President Donald Trump has announced plans to impose 100% tariffs on movies produced in foreign countries, citing concerns over the decline of the American movie industry. He stated in a post on Truth Social that he is directing the US Department of Commerce and Trade Representative to initiate this process and expressed intent to consult with Hollywood executives regarding their views on the proposal. This announcement has caused significant alarm within the film industry, raising questions about its potential impact on both the US and global movie markets, including the UK.
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