U.S. President Trump announced that a 100% tariff will be imposed on all films not made in the United States. He stated that this move is due to other countries attracting filmmakers and film companies through preferential policies, which has led to a 'sharp decline' in the U.S. film industry.

'This is a coordinated action by various countries,' Trump wrote on the Truth Social platform. His statement noted that the U.S. Trade Representative's Office has been authorized to advance the formulation of this tariff policy.

Old Trump is back to using tariffs to harvest globally!!