US President Donald Trump on Monday said he would be imposing 100 per cent tariffs on any or all movies that are made outside of the stating that foreign-made films are hurting the movie business in the US. When implemented, this will be the first instance of a US tariff on cross-border delivery of services.
“Our movie-making business has been stolen from the United States of America, by other countries, just like stealing “candy from a baby.” California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States,” Trump said in a post on TruthSocial.
Experts said that the tariffs on foreign-made movies qualify a