The threat is set to deepen the woes of an industry already facing falling cinema attendances and competition from streaming platforms
In a social media post on Tuesday, echoing a similar threat in May, Trump alleged that Hollywood had been “stolen’’ from the US and declared: “I will be imposing a 100 per cent tariff on any and all movies that are made outside the United States.”
Speaking to The Hindu newspaper, Ashish Kulkarni, an Indian production house founder who is also an animation and visual effects expert, said: “Under such a high tariff regime, all channels of movie showing and viewing will be impacted and become more costly. It will overall increase the cost of content consumption for the Indian diaspora.”
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