💨 Abstract

US President Donald Trump has announced plans to impose a 100% tariff on all foreign films entering the US, citing Hollywood's alleged struggle due to production abroad. The move is meant to encourage movie production in America, but details on implementation are scarce. The tariff could affect the movie industry and its economic contribution to the US, which is over $279 billion annually.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖