Foreign Films to Cost More
Just some days ago, U.S. President Donald Trump said he wants to add a 100% tax (called a tariff) on all movies made outside of the United States of America. This means any foreign movie shown in American cinemas would cost twice as much to release.
He claims that this law would help American films earn more and would also create more jobs in the USA.
Why Does The U.S.A. Want This
Many movie companies in the United States shoot their films in other nations, such as Canada or England. These places are less expensive and offer special discounts to filmmakers, allowing filmmakers to save more.
Trump says this is bad for the American film industry, as it takes away jobs and revenue from the USA. He wants to stop this by making foreign movies more expensive. That way, movie companies may decide to stay in the U.S. and shoot their films there.
What This Means for Indian Film Makers
Indian films are very popular in the United States, particularly among Indian families that live there. Bollywood movies are often released in American cinemas and make a good profit.
If the United States imposes this 100% tax, it will cost a lot more to release International films there. Many filmmakers may not be able to afford the additional tariff, and as a result, they might skip theatre releases and choose to show their movies on apps like Netflix or Prime Video instead.
This could result in less money and fewer new audiences for International films in America. This change will not affect movies from releasing in India, but it may be harder for filmmakers to show their movies on a global stage.
This idea is not a rule yet, but if it happens, it could make it harder for filmmakers from other countries to show their movies in the U.S.
