The American films and the United States are reeling after Donald Trump announced last night that it “allows” the Ministry of Trade and the representative of the United States to impose a 100 % tariff on “any and all the films” produced in “foreign lands”.
In a message posted on Truth Social, Trump described foreign production as a “national security threat” to the United States industry, adding that they are drawing film makers abroad but also bringing “messages and advertising” to the country.
The threat, although it appears to be a fetus and lacks any detail, sends shock waves through the American and international films sectors. Impact, in the event of anything close to it, will be seismic on the global film sector.
“What a bomb”, one of the leading German producers and distributors answered this morning.
One of the veteran UK producers told us: “He is crazy.” “So, American companies can only make us films? James Cameron cannot make a avatar abroad? Who pays the definitions? All independent distributors will be outside the work if they are.”
In what might prove that it is a condition for going out for the industry, the product itself noticed: “You cannot impose on designs what stories can be narrated.”
Studios and females will also take tremendous success from any such step. One of the veteran veteran sellers added: “This also greatly affects the banners, whose model is locally producing and exploiting the world, including in the main American market,” added one of the veteran veteran sellers. “Will the foreigner's foreign production be seen in America? Is it removed from broadcasting services?”
All leading studios make movies abroad, including many major Tentpole privileges such as Avatarand The task is impossibleJames Bond and countless others. MPA was not attached to America on behalf of the studios. During his second term, many Hollywood players moved away from the president's public criticism. Others committed him. Will this movement raise their heads over the barrier?
Sewing is usually anxious and confused first steps from Trump before negotiation. One of the American distribution leadership told us: “His goal cannot be seen here other than confusion and distraction. Let's hope that this only encourages the increases that affect the need in the tax incentives of the American state that is being implemented as soon as possible.”
A veterinarian for the French distribution assumed: “He will kill the United States industry faster because this will increase the cost of American films that were not already selling well at the international level. Creating an incentive for fire in the United States was more intelligent, but I am not sure that he has a lot of intelligence.”
One of the veterinarian in a movie pointed to a comment he made at the time overnight, which pours cold water on the idea that this step will enhance American production work (more about that below): “Each of you encourages this that he plays jobs in the United States, this production must destroy many functions that cannot have any effect. The large budget content that has been created because the studios will not be able More. “The dollar dollars are currently going out due to the various profitable tax incentives.
“At this stage, it is not clear the meaning of this announcement in practice or how it will be applied and implemented,” said Matthew Dianner, CEO of SPA. “There are many unknown people in our industry, but so that we know more, there is no doubt that it will send a shock all over the world. For the Australian industry, it enhances the need to focus immediately and soon build a flexible local industry that can withstand global shocks like this.”
New Zealand John Parnett Product (Pisces passengerI told NZ Outlet The Spinoff: “Nothing else's thing that Trump has done, it completely lacks logic,” he says. “If there is one thing we learned in the first 100 days, it is that what today says is not necessarily what he will say tomorrow.”
“There is not a lot of this honesty, which shook our industry in this way,” said Evelyn Snow, the Trump coalition head, after Trump's announcement after Trump announced after Trump's announcement after Trump announced after Trump's announcement. AQTIS represents 8000 local production professionals and is part of iATSE. According to La Presse, the two groups are scheduled to meet on Monday following Trump's comments.
Cannes Market Festival
This will not be the first Hashera Saber from Trump, which does not pass as first. But with the Cannes Festival Film Market in the corner or the lower, the industry suddenly is in a red alert and actually impact.
One of the leading companies in the field of American films working in the field of local and international production told us: “Trump's movements already affect sales in China, but this would reduce the entire global market with buyers who do not want to pay the minimum guarantees if there is a tax on films in a market in Cannes, they will not be in the field of films, they will not have already achieved money. The actors will not receive the same fees and continue The list.
“This is not great [for Cannes] One of the American packaging agents said at all.
Another seller in the euro pointed out: “What a bomb on the eve of it was. It may not come into effect, but the possibility of such a tariff creates unnecessary uncertainty towards the United States market, which has just begun to show positive signs of recovery after strikes.”
The veteran international distributor echoed shared feelings this morning: “It is too early to say, but this will definitely talk about the Cannes Festival.” One of the Italian buyers urged caution: “Let's see the details. This man changes his opinion every day.”
Foreign government reaction
Foreign governments began to respond to the news.
It was also reported in the Guardian, the Minister of Internal Affairs of Australia, Tony Burke, said that he had spoken to the head of the government body in Australia about the proposed definitions. “No one should be in doubt that we will stand unambiguously for the rights of the Australian screen industry,” he said in a statement.
“We will have to see the details of what appears in the end in the end. But it is clear that we will be great defenders, a great hero of this sector in that industry.”
“Last month, the Culture, Information and Sports Committee warned of contentment of our situation in Hollywood Europe. President Trump's announcement made this warning very real,” said Caroline Deng, head of the Culture, Information, Information and Sports Committee in Parliament in the United Kingdom.
“If it is difficult to make films in the United Kingdom not in the interest of American companies. Investing in facilities and talents in the United Kingdom, based on the United States -owned IP, show wonderful returns on both sides of the Atlantic.
“At the same time, the government's upcoming creative industries sector plan needs to face the challenge that we have identified in stimulating internal investment while developing our local sector so that our British and high -TV films can flourish.”
As we mentioned, the California Governor Gavin New Roosom is among those who resist this step.
“The film industry in America is dying very fast. Other countries offer all types of incentives to attract filmmakers and our studios away from the United States. Hollywood, and many other areas within the United States of America, destroy. Actor, to start immediately a 100 % tariff on any and all films coming to our country that is produced in foreign territory,” Trump said last night.
He later claimed to reporters: “The other countries were stealing … the ability of filmmaking to the United States. I said to some two people,” What do you think? “Some strong research has been conducted over the past week, and we are now destroyed by supporting them financially.
Trump complained about the trade deficit as he imposed a tariff on other countries, but the film industry was a bright point. According to the Animated Photo Association, the industry has generated a positive balance in trade in every major market in the world, with 3.1 times exports of imports. The industry produced $ 22.6 billion in exports, and $ 15.3 billion in trade surplus.
More as we have …
Jake Canter, Nancy Targalion and Ted Johnson contributed to this report.
