Donald Trump's new announcement has shaken the film world; '100% tax on foreign-made films'

 

 

Washington: US President Donald Trump said he would impose a 100% tariff on "all films produced outside the United States." Trump made this known in a post shared on Truth Social on Monday. Trump did not give a time frame for this. He did not specify how the tariff would be implemented. However, the additional tax imposed on Trump products so far will now also extend to the service sector.

Trump first revealed his plan in May. Outside the United States, films are usually made there, attracted by tax breaks in other countries. Therefore, films that should have been made in the United States were attracted abroad. California has been greatly affected by this change. He also clarified that his decision was made in this context.

At the same time, Trump is also considering imposing restrictions on furniture imports to the United States. He made this known today. When taxes are imposed on furniture imported from abroad to the United States, it will mainly affect countries like China and India.