Washington: U.S. President Donald Trump declared on Monday a new plan to impose a 100 percent tariff on all films produced outside the United States, asserting that the American film industry has been taken over by international competitors. This announcement is part of a broader series of tariff measures designed to enhance federal revenue and boost domestic industries.
According to Yonhap News Agency, Trump's comments were made via a social media post where he criticized foreign countries for taking over America's movie production sector, comparing it to "stealing candy from a baby." He specifically mentioned California as being severely affected due to its leadership, which he described as weak and incompetent.
Trump emphasized his intention to resolve this ongoing issue by introducing a significant tariff on foreign films. In a further social media post, he also promised to implement "substantial" tariffs on countries that do not manufacture their furniture in the United States, highlighting North Carolina's loss of its furniture industry to China and other nations. More details on these tariffs are expected to be disclosed at a later date.