Trump film tariff poses threat to Hollywood Down Under

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Trump film tariff poses threat to Hollywood Down Under

The federal government promises to stand up for Australia’s screen industry after Donald Trump announced 100 per cent tariffs on film productions made outside the US.

“The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States,” the US president posted on Truth Social on Sunday.

“Hollywood, and many other areas within the USA, are being devastated.”

Australia is such a popular location for foreign film productions, it is sometimes dubbed “Hollywood Down Under” with recent large-scale productions including The Fall Guy, Kingdom of the Planet of the Apes and Thor: Ragnarok.

The federal government’s location offset scheme offers a 30 per cent rebate for big budget film projects shot in Australia, with additional post-production rebates and state governments offering further sweeteners.

But the imposition of tariffs could mean these incentives are no longer attractive for productions aimed at the massive US market.

Prime Minister Anthony Albanese on Monday said he has had a “warm and positive” conversation with Donald Trump, in which tariffs were discussed.

But he did not specifically mention to reporters the film industry tariffs Mr Trump announced hours beforehand.

Minister for the Arts Tony Burke said he was monitoring the situation closely.

“Nobody should be under any doubt that we will be standing up unequivocally for the rights of the *********** screen industry,” Mr Burke said in a statement.

In his latest tariffs announcement on social media, Mr Trump described the film incentives as a threat to the US by foreign nations.

“This is a concerted effort by other Nations and, therefore, a National Security threat,” Trump said in a post on Truth Social on Sunday.

“It is, in addition to everything else, messaging and propaganda!”

It’s not yet clear how the tariffs would be imposed but they could also affect the export of *********** content to the US market, making tickets more expensive for films such as George Miller’s Mad Max series.

This is the hidden content, please

• Sign In
• or
• Sign Up

#Trump #film #tariff #poses #threat #Hollywood

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up