Business

‘Stealing candy from a baby’: Trump imposes 100% tariffs on all foreign-made movies

By Et Online

Copyright indiatimes

‘Stealing candy from a baby’: Trump imposes 100% tariffs on all foreign-made movies

US President Donald Trump announced a 100% tariff on all foreign-made movies, marking an unprecedented protectionist move that could upend Hollywood’s global business model. Posting on Truth Social, Trump said US filmmaking is losing ground to international competition, accusing other countries of ‘stealing candy from a baby.’ The measure raises uncertainty for studios reliant on overseas box-office revenue and cross-border co-productions, signaling a major shift in US cultural trade policy.