Trump Announces 100 %Tariff On Foreign Films, Cites’Theft’Of United States Movie Industry|Image: AP
Washington: United States President Donald Trump on Monday(regional time)revealed a 100 % tariff on all films produced outside the United States, declaring that America’s movie market had actually been “stolen” by abroad gamers.
In a post on Truth Social, Trump composed, “Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby.’ California, with its weak and incompetent Governor, has been particularly hard hit!”
“Therefore, in order to solve this long-time, never-ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! President DJT,” he included.
The statement follows Trump’s earlier statement on September 26 that his administration will enforce a 100 percent tariff on top quality and trademarked pharmaceutical items starting October 1, 2025, unless the production business develop production centers in the United States.
The Indian pharmaceutical sector products over 50 percent of international need for different vaccines, 40 percent of generic need in the United States and 25 percent of all medications in the UK. India’s yearly drug and pharmaceutical exports touched a record USD 30 billion in FY25, strengthened by a 31 percent year-on-year rise in March.
According to a federal government release, drug and pharmaceutical exports increased by 6.94 percent from USD 2.35 billion in August 2024 to USD 2.51 billion in August 2025 alone.
In FY24, India’s pharmaceutical exports amounted to USD 27.9 billion, of which 31 percent, roughly USD 8.7 billion (Rs. 77,231 crore), were directed to the United States, according to the Pharmaceuticals Export Promotion Council of India (Pharmexcil). In the very first half of 2025 alone, pharmaceutical deliveries worth USD 3.7 billion (around Rs. 32,505 crore) were sent out overseas.
Leading business such as Dr. Reddy’s, Aurobindo Pharma, Zydus Lifesciences, Sun Pharma and Gland Pharma obtain in between 30-50 percent of their general earnings from the American market.
According to a different federal government report, India’s pharmaceutical market is a worldwide powerhouse, ranking 3rd worldwide by volume and 14th in regards to production worth. It provides over 50 percent of international vaccine need and almost 40 percent of generics to the United States. The market is forecasted to grow to USD 130 billion by 2030 and a USD 450 billion market by 2047.
Backed by policy assistance for pharmaceuticals, such as the PLI plan (Rs. 15,000 crore) and the Strengthening of Pharmaceuticals Industry (SPI) plan (Rs. 500 crore), the market continues to broaden its international footprint.
The PLI plan is driving financial investments into 55 tasks to produce high-end drugs, such as those for cancer and diabetes, in India. The SPI plan, which focuses on improving the quality, competitiveness, and durability of smaller sized pharmaceutical business, is moneying R&D and modernising laboratories, allowing Indian business to contend worldwide. Beyond expense performance, India has actually become a center for budget-friendly, premium medications, strengthening its rightful title as the “Pharmacy of the World,” the report stated.
Previously, in a post on Truth Social, United States President Trump composed, “Starting October 1st, 2025, we will be imposing a 100 per cent Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America. ‘IS BUILDING’ will be defined as ‘breaking ground’ and/or ‘under construction.'”
Clarifying the scope of the step, Trump included that business that have actually currently started building of plants in the United States will be exempt from the brand-new tariff. “There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started. Thank you for your attention to this matter!” the post read.
He likewise revealed sweeping tariffs on different home items, consisting of imported kitchen area cabinets and particular kinds of furnishings, which might include a lot more expenses to a classification that has actually risen in rate in current months.
Trump likewise revealed heavy tariffs on trucks and pharmaceuticals.
Trump composed in a Truth Social post, “We will be imposing a 50 per cent Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products, starting October 1st, 2025. Additionally, we will be charging a 30 per cent Tariff on Upholstered Furniture.”