International industry is responding quickly to the news that US President Donald Trump is considering imposing a 100% tariff on every film produced “on foreign land.”
“It’s not in the interest of American companies that it’s more difficult to make films in the UK,” said Caroline Dinage, a conservative member of Parliament and the conservative chair of the UK Parliament’s Cross-Party Cultural Media and Sports Committee.
“Investments in UK facilities and talent based on US-owned IPs have shown great returns on both sides of the Atlantic. The Minister must urgently prioritize this as part of ongoing trade negotiations.
At the same time, the government’s upcoming creative industry sector plan should address the challenge of encouraging inward-looking investment, but it will allow British films and high-end television to thrive to grow the domestic sector. ”
“We’ve seen a lot of people in the UK,” said Filippachild, head of Bekts, a union of freelance workers in the UK’s media and entertainment industry.
“The UK is a global leader in film and television production, employing thousands of talented workers, a key growth sector in the government’s industrial strategy.
“These tariffs have come after Covid and the recent slowdown, and just recovering, could bring a knockout blow to the industry that will become truly worrying news for tens of thousands of skilled freelancers making films in the UK.
According to GuardianAustralia’s Home Minister Tony Burke said he spoke to the head of the government’s Bodyscreen Australia about the proposed tariffs. “There is no doubt that we will stand up clearly for the rights of Australia’s screen industry,” he said in a statement.
Screen Producer Australia (SPA) posted a statement saying, “At this stage, it is unclear what this announcement actually means, and how it will be applied and implemented.” “There’s a lot of unknowns in our industry, but until we know more, it’s sure to send shockwaves all over the world.
“For the Australian industry, it reinforces the need for governments to quickly and quickly focus on building resilient local industries that can withstand such global shocks.
“Since it is set at the annual Screen Forever Conference, which is scheduled to begin tomorrow, we believe that today’s announcement will be a catalyst for many conversations from local and international industry executives and screen experts.
“The SPA continues to monitor development and awaits an executive order, and we should provide more information on this,” Deaner said.
New Zealand Prime Minister Christopher Luxon told a news conference that the government is waiting for further details of the proposed tariffs. “We need to see the details of what actually ends up coming up. But we are clearly a great advocate for that field in that industry and a great champion,” he said.
UK sales agent
The London-based sales agent began digesting the news the night before Cannes.
“It sounds potentially disastrous to the international film industry,” one said. “The US is our biggest market and leads other markets around the world. It is unclear how the proposed tariffs will be implemented, but if applied to independent foreign production distributed in the US, the impact on our industry could be earthquakes.
“But we definitely have no details about this and be aware that we will pay attention to panic as an immediate response to the news.”
“What a bomb on the night before Cannes,” another said. “It may never be effective, but the possibility of such a tariff alone creates unnecessary uncertainty for the US market.
“This could have a double suppression effect of viewing US sales as an important collateral for investors and legalizing imports of foreign language films, which could have an impact on film production financing.
“You can wonder how it will affect global streamers like Netflix, where its business model is produced locally and utilized worldwide, including the core US domestic market,” they continued. “Like a show Squid Game Will American subscribers be taxed in the US for them to see? Or do they all remove services together in the US to avoid tariffs? ”
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(TagstoTranslate) Location (T) Production (T) USA
