💨 Abstract

US President Donald Trump has announced plans to impose a 100% tariff on foreign films entering the US, citing a "national threat" as American film industry is allegedly being hurt by foreign incentives. The move comes amid ongoing tariff tensions between the US and China, following China's decision to reduce the number of Hollywood films imported due to US tariffs on Chinese goods. Trump's announcement has been made through his social media platform, Truth Social.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖