Trump Proposes 100% Tariff on Foreign Movies, Threatening Global Film Industries
President Donald Trump has proposed a significant change in U.S. trade policy, with potential global repercussions. The move involves a 100% tariff on all foreign-made movies, a decision that has sparked concerns about retaliatory measures and the impact on international film industries.
The proposed tariff, if enforced, could have far-reaching effects on Indian cinema. Experts worry that it could lead to a 'long, painful correction' in the industry's global ambitions. The tariff, a first-of-its-kind strike, would double ticket prices in U.S. theatres, making Indian films less affordable for diaspora audiences.
Distributors fear a ripple effect, with reduced licensing deals, slashed margins, and shrinking overseas demand for Indian films. Massive Indian blockbusters like Baahubali 2, Kalki 2898 AD, Pathaan, and Jawan could become rare exceptions in the U.S. market. The tariff also applies to content streamed on platforms like Prime Video, Disney+, Hotstar, and Zee5, further widening its impact.
The U.S. move has raised concerns about retaliatory tariffs, which could impact both Indian exports and Hollywood films in India. While the specifics of the response remain unclear, the proposed tariff has set the stage for potential global trade tensions in the film industry.
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