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 Parliament on Monday (23 February) postponed a vote on the EU’s trade deal with the U.S. after President Donald Trump imposed a blanket 15% import duty.
The U.S. Customs and Border Protection agency will halt the collection of tariffs imposed under the International Emergency Economic Powers Act on Tuesday (24 February), more than three days after the U.S. Supreme Court declared the duties unlawful.
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Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
Iran announced on Saturday (21 February) that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
The former British ambassador to the U.S. Peter Mandelson has been arrested by police in London on suspicion of misconduct in public office.
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Australian Prime Minister Anthony Albanese has written to British Prime Minister Keir Starmer to say he would back any UK government plan to remove Andrew Mountbatten-Windsor from the line of succession, a statement shared by Starmer's office said.
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