Trump imposing 100% tariff on imported films may encourage Hollywood to move out of US: Shekhar Kapur
Shekhar Kapur said over 75% of Hollywood's box office earnings come from outside the US.
PTI

New Delhi, 5 May
Filmmaker Shekhar Kapur on Monday criticised American President
Donald Trump for threatening a 100 percent tariff on films imported to the US,
saying the move could backfire and instead push Hollywood filmmakers to leave
the country.
In a
post Sunday night on his Truth Social platform, Trump said he has authorised
the Department of Commerce and the Office of the US Trade Representative to
slap a 100 per cent tariff "on any and all Movies coming into our Country
that are produced in Foreign Lands".
Kapur,
known for films such as ‘Mr India’, the ‘Elizabeth’ franchise starring Cate
Blanchett and ‘What's Love Got to Do with It?’, said over "75% of box
office" of Hollywood films comes from outside the US.
"And
significant part of the budget of those films are spent outside the US.
President Trump’s imposition of 100% tarif on all films imported into the US
may encourage Hollywood to move outside the US! Quite the opposite of what he
intended. #Hollywood #tarrif #DonaldTrump #tarrifonfilm (sic)" the
director wrote on X.
Filmmaker
Anurag Kashyap simply shared Trump's comments on his Instagram Stories without
comment.
"The Movie Industry in America is DYING a very fast death," Trump wrote,
complaining that other countries "are offering all sorts of incentives to
draw" filmmakers and studios away from the US.
"This
is a concerted effort by other Nations and, therefore, a National Security
threat. It is, in addition to everything else, messaging and propaganda!"
he added in his post.
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