President Donald Trump astonishingly announced on Sunday that he would be imposing a 100 percent tariff on any movie produced outside of the United States.
By doing so, the president apparently wants to save America's movie industry from 'dying a very fast death.
'Other countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States,' he claimed on his Truth Social platform. 'Hollywood and many other areas within the USA are being devastated.
'This is a concerted effort by other Nations and therefore a National Security threat,' the president declared.
'It is, in addition to everything else, messaging and propaganda.'
This is a breaking news story and will be updated.
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