Donald Trump imposes 100 per cent tariff on films made outside America; to impact on the Indian and Hollywood film industry?
Donald Trump announced 100% tariffs on foreign-made movies, citing job losses, a move expected to significantly impact India's film industry. He also declared substantial tariffs on furniture imports and 100% tariffs on certain pharmaceutical products. These actions come amidst existing 50% tariffs on India, even as the US remains India's largest trading partner with ongoing efforts to boost bilateral trade.
Donald Trump announced 100% tariffs on foreign-made movies, citing job losses, a move expected to significantly impact India's film industry. He also declared substantial tariffs on furniture imports and 100% tariffs on certain pharmaceutical products. These actions come amidst existing 50% tariffs on India, even as the US remains India's largest trading partner with ongoing efforts to boost bilateral trade.
