Trump tariffs.. shock to Tollywood

US President Donald Trump has once again sparked a global debate with a sensational decision. The film industry was shocked when he announced that any film produced outside the US would now be subject to 100% tariffs.

Trump's accusation that 'other countries are stealing our film business like they're stealing candy from a child' has become a hot topic in film circles. The fact that Netflix shares fell by 1.5% after this announcement is evidence of that effect. However, experts are expressing doubts about whether these tariffs can be implemented.

The main reason for that is that Hollywood films currently being made in America are also being co-produced by some foreign production companies. Shooting, post-production, and visual effects are taking place in many countries. Then the question of which film should be classified as a foreign production? has become a big problem.

On the other hand, Trump's decision is likely to have a big impact on our Telugu films as well. North America is the biggest overseas market for our Tollywood movies. The latest release, ‘OG’, grossed $5 million in America alone. That is, nearly $50 crore came from America. The movie ‘Mirai’ grossed $3 million. Overall, Trump’s decision looks likely to bring new chaos to the global entertainment economy.