New York: The
President of the United States, Donald Trump, on Monday announced 100 per cent
tariffs on movies made outside the country, in a move likely to impact the
Indian film industry. “Our movie-making business has been stolen from the
United States of America, by other Countries, just like stealing 'candy from a
baby',” Trump posted on Truth Social on Monday. Trump said California has been
particularly “hard hit” because of this, blaming democrat Gavin Newsom, the
Governor of California, for this loss, calling him “weak and incompetent.”
“To solve this
long time, never ending problem, I will be imposing a 100 per cent Tariff on
any and all movies that are made outside of the United States,” Trump added.
The decision is likely to impact the Indian film industry which produces movies
in several languages. These movies are popular among the Indian diaspora in the
US. The move comes days after the Trump administration imposed tariffs on
pharmaceutical products.
Starting October 2025, the US will be imposing a 100
per cent tariff on any branded or patented pharmaceutical product, unless a
company is building their pharmaceutical manufacturing plant in America, Trump
said in a social media post.
Indian
Pharmaceutical Alliance (IPA) on Friday said US President Donald Trump's move
to impose 100 per cent import tariffs on pharmaceutical drugs from October 1
will impact only patented and branded products, not generic medicines.