U.S. President Trump says the American movie industry is under threat and is imposing steep tariffs on all foreign-produced films in response.
U.S. President Donald Trump has announced a 100% tariff on all movies produced outside the United States, in what he calls an effort to protect the American film industry.
In a social media post, Trump said he had authorized the Department of Commerce and the U.S. Trade Representative to begin implementing the measure immediately, though he did not provide specifics on enforcement.
Trump claimed that Hollywood is "dying a very fast death" as a result of foreign governments offering incentives to lure filmmakers and studios away from the U.S.
The move comes amid escalating trade tensions with China, which in April slashed the number of American films allowed into its market in retaliation for Washington’s 125% tariffs on Chinese goods — a major blow for Hollywood in the world’s second-largest film market.
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The European Union will strengthen its power grid and launch a new initiative targeting eight key energy bottlenecks across the bloc, according to the European Commission President.
Italy will deploy two Eurofighter Typhoon jets to support NATO’s new mission reinforcing its eastern flank, after a series of suspected Russian drones entered Poland and Romania airspaces according to the Italian ANSA news agency on Tuesday.
A residential building was struck by a Russian drone in Kharkiv’s Slobidskyi district on Tuesday, according to local officials.
A Serbian prosecutor on Tuesday indicted 13 people, including a former minister over their role in a railway station roof collapse last year that killed 16 people and triggered months of nationwide anti-government protests.
The eighth Congress of World and Traditional Religious Leaders has commenced in Astana, bringing together around 100 delegations from 60 countries.
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