Global food prices surged in March to a multi-month high. The United Nations warns of further increases if the Middle East conflict persists. Higher energy costs are impacting fertilizer prices, potentially leading farmers to reduce planting
‘Nothing but contempt’: Gujarat HC pulls up GPSC in Arthashastra question caseIn previous proceedings, the high court had asked GPSC to produce the original book from which the question was framed, the 1915 English translation of the Arthashastra Published on: Apr 03
NCRTC (National Capital Region Transport Corporation) has commissioned the Delhi–Meerut Namo Bharat Corridor's largest fast electric vehicle (EV) charging station at Anand Vihar station. Good News For EV Owners: The long-time taken in charging the Electric Vehicles at public charging spots have
The Insolvency and Bankruptcy Board of India (IBBI) has issued draft regulations requiring company promoters who have guaranteed corporate loans to disclose their personal wealth during bankruptcy proceedings. Under the proposal, whether these promoters file for bankruptcy voluntarily or are forced
CSK vs PBKS, Chennai Weather: Chennai Super Kings aim for a strong comeback in their first home game of IPL 2026 against Punjab Kings after a disappointing opening loss. Punjab Kings, last season's finalists, enter with momentum and a balanced squad
‘Our Movie-Making Business’: Trump Declares 100% Tariff On Non-US-made Movies
‘Our Movie-Making Business...’: Trump Announces 100% Tariff On Movies Made Outside US
US President Donald Trump announced 100% tariffs on foreign films and branded pharmaceuticals, plus duties on furniture and cabinets, aiming to boost domestic industries while raising concerns for global trade and India's pharma exports.
US President Donald Trump on Monday (local time) announced a 100% tariff on all movies produced outside the United States, claiming that America's film industry had been "stolen" by overseas players.
In a post on Truth Social, Trump wrote, "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 added.
Add Zee News as a Preferred Source
The announcement follows Trump's earlier declaration on September 26 that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies establish production facilities in the United States.
The Indian pharmaceutical sector supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicines in the UK. India's annual drug and pharmaceutical exports touched a record USD 30 billion in FY25, bolstered by a 31 per cent year-on-year surge in March.
According to a government release, drug and pharmaceutical exports increased by 6.94 per cent from USD 2.35 billion in August 2024 to USD 2.51 billion in August 2025 alone.
In FY24, India's pharmaceutical exports totalled USD 27.9 billion, of which 31 per cent, approximately USD 8.7 billion (Rs. 77,231 crore), were directed to the US, according to the Pharmaceuticals Export Promotion Council of
India (Pharmexcil). In the first half of 2025 alone, pharmaceutical shipments worth USD 3.7 billion (approximately Rs. 32,505 crore) were sent overseas.
Leading companies such as Dr. Reddy's, Aurobindo Pharma, Zydus Lifesciences, Sun Pharma and Gland Pharma derive between 30-50 per cent of their overall revenues from the American market.
According to a separate government report, India's pharmaceutical industry is a global powerhouse, ranking third in the world by volume and 14th in terms of production value. It supplies over 50 per cent of global vaccine demand and nearly 40 per cent of generics to the US. The industry is projected to grow to USD 130 billion by 2030 and a USD 450 billion market by 2047.
Backed by policy support for pharmaceuticals, such as the PLI scheme (Rs. 15,000 crore) and the Strengthening of Pharmaceuticals Industry (SPI) scheme (Rs. 500 crore), the industry continues to expand its global footprint.
The PLI scheme is driving investments into 55 projects to manufacture high-end drugs, such as those for cancer and diabetes, in India. Meanwhile, the SPI scheme, which focuses on enhancing the quality, competitiveness, and resilience of smaller pharmaceutical companies, is funding R&D and modernising labs, enabling Indian companies to compete globally. Beyond cost efficiency, India has emerged as a hub for affordable, high-quality medicines, reinforcing its rightful title as the "Pharmacy of the World," the report said.
Earlier, in a post on Truth Social, US President Trump wrote, "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 measure, Trump added that companies that have already begun construction of plants in the US will be exempt from the 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 also announced sweeping tariffs on various household products, including imported kitchen cabinets and certain types of furniture, which could add even more costs to a category that has surged in price in recent months. Trump also announced heavy tariffs on trucks and pharmaceuticals.
Trump wrote 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."
Source: ZeeNews
Related Posts: Anurag Basu sees silver lining in Donald Trump’s 100% tariff on foreign films US President Donald Trump warns India of additional tariffs on Russian oil trade North Korea executing more people for watching foreign films and TV AMMA president Shwetha Menon’s remarkable films to watch right now Why U.S. President Donald Trump wants Intel’s CEO to resign US President Donald Trump says Pakistan-Afghanistan conflict is Donald Trump completes a year as US President Donald Trump posts image claiming to be ‘Acting President of Venezuela’ FIFA gives President Donald Trump Peace Prize in departure from its traditional focus on sport Donald Trump urges Turkish President Erdogan to cut Russian oil
Neurosurgeon explains why wearing earplugs at concerts can prevent dementia: ‘Hearing loss is the no. 1 risk factor…’Exposure to loud sounds not only accelerates hearing loss, but has cognitive repercussions. Dr Juthani explains why even short term exposure is harmful. Published on: Apr 03
1 days ago
Enzo Fernandez will sit out Chelsea's next two games after he "crossed a line" with comments he made about his future at the club, says manager Liam Rosenior. After Chelsea's exit from the Champions League last month, Fernandez told ESPN that he did not know whether he would remain at Stamford
1 days ago
Of the 722 candidates contesting in the upcoming Assam Assembly elections, 102, or 14% of them, have declared criminal cases against themselves, the non-governmental organisation Association for Democratic Reforms has said in a report. In the 2021 Assembly elections, 138 of 941 candidates
1 days ago
The controversy over Karnataka’s decision to award only grades — without marks — for the third language in SSLC examinations has intensified, with Raj Bhavan directing the state government to re-examine the policy following concerns raised by language preservation groups
1 days ago
Parliament on Thursday passed Jan Vishwas (Amendment of Provisions) Bill, 2026, to amend certain provisions in different laws for decriminalising and rationalising minor offences to further promote ease of doing business and living. It seeks to decriminalise 717 provisions and amend 67 provisions
1 days ago
Chinese smartphone-maker Vivo has confirmed that its Vivo T5 Pro 5G will launch in India. The tech firm confirmed the imminent launch of its latest addition to the T-lineup on Friday. Vivo is yet to reveal the launch timeline. This smartphone will succeed the Vivo T4 Pro 5G
1 days ago
If that math holds at scale, the demand for GPUs — Nvidia's entire empire — could shrink dramatically. New Delhi: Every AI model — ChatGPT, Gemini, Claude — thinks using something called vectors. Think of vectors as the model's "memory notes." When you ask an AI a long question
1 days ago
If inflation breaches the upper tolerance band of 6 per cent, the bank said there could be a rate hike towards the end of the year. New Delhi: The Middle East conflict and elevated oil prices will likely lead to the Reserve Bank of India maintaining the policy repo rate unchanged at 5
1 days ago
For Kerala State volleyball players and former students of CMS College, Kottayam, Akhil GP, Muhammed Sahad S, and Anzil KA, discussions after games and practice often took the entrepreneurial route — different business endeavours they could venture into after graduation
1 days ago
Sunrisers Hyderabad (SRH) all-rounder Nitish Kumar, who contributed a 24-ball 39 and two wickets in his team’s first win of the Indian Premier League (IPL) 2026 against Kolkata Knight Riders (KKR) at the Eden Gardens in Kolkata on Thursday (April 2, 2026)
1 days ago
Maamla Legal Hai 2 Review: At a time when streaming platforms have loads of thrillers, action and horror shows/films, it is difficult to find a good slice-of-life, comedy drama. But for this weekend, you don’t have to dig deep. Why? Because Maamla Legal Hai 2 has now been released
1 days ago
Myanmar junta chief Min Aung Hlaing won a parliamentary vote on Friday (April 3, 2026) to become the country’s President, formalising his grip on political power in the war-torn nation five years after he ousted an elected government. The 69-year-old general orchestrated a 2021 coup against
1 days ago
Gurgaon couple’s 2:30 am stroll in gated society goes viral: ‘We upgraded our life’A Gurgaon couple posted a late night walk clip at 2:30 am, calling it a lifestyle upgrade as users reacted to safety in societies. Updated on: Apr 03, 2026 5:13 PM IST By Mahipal Singh Chouhan Share via Copy
1 days ago
Just seven days after he made the fateful decision to launch his coup against the elected government of Aung San Suu Kyi on 1 February 2021, General Min Aung Hlaing made a promise; to hold elections, and return to civilian rule, within a year. It has taken him five years to fulfil that promise
1 days ago
New Delhi, Apr 3 (PTI) The CAQM Enforcement Task Force reviewed reports from 175 inspections and enforcement carried out in the National Capital Region area between March 14 and 26 at its 128th meeting. Based on the reports, closures have been proposed for 10 units
1 days ago
Hollywood star Keira Knightley revealed on the Happy Mum Happy Baby podcast that her hair’s texture shifted from straight to a “funny zig-zag patch" during pregnancy. In a long conversation, she also gave voice to a phenomenon that millions of women experience but few understand
1 days ago
The Indian Premier League has established itself as one of the premier sports leagues globally. Arun Dhumal has stated that once the current Future Tours Programme cycle concludes in 2027, talks will commence regarding the expansion of the IPL schedule
1 days ago
Ahaan Panday has officially begun filming for his second project, an untitled action-romance directed by Ali Abbas Zafar. Mumbai: Director Ali Abbas Zafar, who is known for ‘Sultan’, has flagged off the shooting of his upcoming film with Ahaan Panday
1 days ago
Tiger Woods told police he was on the phone with “the President" immediately after his car crash in Florida and then appeared surprised when he was arrested, body camera footage released Thursday shows. Video of the immediate aftermath of last week’s rollover crash
1 days ago
Hyundai Motor said on Friday (April 3, 2026) that exports to Europe and North Africa, which typically transit through the West Asia, were being disrupted by the conflict in the region, underscoring growing strains on global supply chains. The disruption highlights how the conflict is
1 days ago
Indians are bracing for summer, with temperatures expected to cross 45C in some parts of the country. But the war with Iran is already putting India's $6bn bottled water industry under strain as manufacturers struggle to access crucial raw materials. Last month
1 days ago
Kia has revealed the new Seltos hybrid for the US market and the new generation Seltos will have a hybrid powertrain for the first time. The new Seltos in the US has a hybrid which means it has a 1.6 litre petrol engine and an electric motor while also getting an AWD option for the hybrid
1 days ago
‘Called at 1 am, help arrived in 10 minutes’: Founder lauds Delhi Police for quick response to noise complaintA founder praised Delhi Police after officers responded within minutes to a 1 am noise complaint and resolved the issue promptly. Published on: Apr 03
1 days ago
New Delhi: In a significant development, the Reserve Bank of India (RBI) has allowed residents as well as non-residents to exchange Indian rupee notes at foreign exchange counters at departure halls in international airports established in the Duty-Free Area or Security Hold Area beyond the
1 days ago
India Housing Market 2026: India’s housing market is increasingly driven by end-users, with genuine homebuyers leading demand amid rising registrations and strong growth. While investors remain active in premium segments, the overall market is now more stable, balanced
1 days ago
The Aam Aadmi Party was focusing on “serious” national problems plaguing the country, rather than the “soft” matters discussed by MP Raghav Chadha, said the party’s Delhi unit chief Saurabh Bharadwaj on Friday. His statement came soon after Chadha alleged that the AAP was “silencing”
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Confused about chimney size? These 60cm chimneys by Faber, Elica, Kaff, more are ideal for most Indian homesThese chimneys come with BLDC motors that offer high suction power while
1 days ago
