PVR Inox, Ranbir Kapoor-backed firm's shares slide 5% as Trump slaps 100% tariff on foreign films
Published on: Sept. 30, 2025, 2:36 p.m. | Source: The Economic Times
US President Donald Trump's announcement of a 100% tariff on foreign-made films sent shockwaves through the global entertainment industry. Indian firms PVR Inox and Prime Focus saw their shares decline 5% following the protectionist move. This decision, part of Trump's broader trade policy, creates significant uncertainty for studios reliant on international revenue, raising questions about its implementation and legal basis.
