News
Trump Plans to Impose 100% Tariff on Foreign Movies to Support Hollywood
US President Donald Trump has announced a plan to impose a 100% tariff on foreign films brought into the country. This decision could shake up the entertainment industry.
The proposal, revealed during a recent policy briefing, is aimed at protecting and boosting the American film sector, which he argues has faced tough competition from international productions. If implemented, it would mean any movie made outside the United States would cost double to be imported and screened in American theaters.
Supporters of the move believe it could create more opportunities for homegrown filmmakers, push Hollywood to dominate the local box office, and keep profits within the country. On the other hand, critics warn it could limit movie variety, reduce cultural exchange, and even cause trade disputes with countries that heavily export films to the US.
Hollywood insiders are also split. Some see it as a chance to strengthen American creativity, while others worry that it could isolate the industry from the global market and make international collaborations harder.
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
BBNaija: Yusuf Reacts as Bells Opens Up About Their Private Moment
Unexpected Music Collaborations You May Not Remember
