President Donald Trump announced on Sunday that he would be imposing a 100 per cent tariff on any movie produced outside of the United States.
By doing so, the president wants to save America’s movie industry from ‘dying a very fast death’.
‘Other countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States,’ he claimed on his Truth Social platform. ‘Hollywood and many other areas within the USA are being devastated.
‘This is a concerted effort by other Nations and therefore a National Security threat,’ the president declared.
‘It is, in addition to everything else, messaging and propaganda.’
Australia’s federal government provides generous tax incentives to get films made in Australia, including a 30 per cent location offset and a 30 per cent offset for post, digital, and visual effects, while state governments also contribute their own support packages.
Trump then announced that he is authorizing the Department of Commerce and the US Trade Representative to ‘immediately begin the process of instituting a 100 percent tariff on any and all Movies coming to our Country that are produced in Foreign Lands.
‘WE WANT MOVIES MADE IN AMERICA, AGAIN,’ he concluded.
President Donald Trump has announced plans to impose a 100 per cent tariff on any movie produced outside of the United States
The Fall Guy starring Ryan Gosling and Emily Blunt (both pictured) was primarily filmed in Sydney
Arts minister Tony Burke said the government is monitoring the situation closely.
‘Nobody should be under any doubt that we will be standing up unequivocally for the rights of the Australian screen industry,’ he told the ABC.
Recent American productions filmed in Australia include The Fall Guy starring Ryan Gosling, The Mongoose, starring Liam Neeson and Apex, starring Charlize Theron.
Several new film studios and sound stages are under different stages of planning and construction in the Gold Coast, Coffs Harbour, Byron Bay and Melbourne.
Screen Producers Australia CEO Matthew Deaner said Trump’s announcement reinforces the need for the Australian government to build ‘a resilient local industry that can withstand global shocks like this’.
