The world of movies is facing a potential 'shake-up' due to a recent decision by former US President Donald Trump. The US Prez has announced a massive 100% tariff, essentially a tax, being imposed on movies made outside the United States.This move has particularly raised concerns in the entertainment industry, given the trade tensions between many countries.
Let's understand this in detailed manner and know that what impact it's going to have on the Indian film industry and the Indian diaspora in the US.
Anant Roongta, the Managing Director of the Famous Studios has spoken to Bhaskar English . He stated-
At this stage, we are unclear on how this tariff will be deployed. There are multiple areas of operations in filmmaking, like pre-production, production, and post-production. If you l