Trump told reporters that he would meet with reps from the U.S. film business to discuss his plan to impose 100% tariffs on foreign-made films.

By Harshita Mary Varghese, Aditya Soni and Andrea Shalal WASHINGTON (Reuters) -The entertainment industry reacted with a mixture of alarm and bafflement on Monday after President Donald Trump said he would put a 100% tariff on all movies produced outside the U.

Omdia research also shows that the US makes less than 10 per cent of the global output of movies, although it accounts for half of the $30.6 billion global film revenues in cinemas