"The film industry in the USA is dying a very rapid death. Other countries are offering all possible incentives to lure our filmmakers and studios away from the USA. Hollywood, and many other parts of the USA, are being destroyed", writes Trump on Truth Social and claims, among other things, that it poses a security threat to the USA.
China, which has been hard hit by Trump's trade war with tariffs of 145 percent on many goods, reports AFP, announced in April that the country will reduce the import of American films.
