Australian screen producers fear Donald Trump's plan to impose a 100 per cent tariff on movies made outside America will up-end Australia's multi-billion-dollar film industry.
The United States president made the announcement on social media , saying Hollywood had been destroyed by countries like Australia "stealing candy from a baby".
Generous tax incentives and subsidies have cemented Australia as a preferred destination for international film studios and have helped lure big-budget productions, generating $768 million in 2023–24.
The industry is now scrambling for information about how the new tariff will work and what it means for Australian productions, amid fears the uncertainty will discourage investment.
Screen Producers Australia chief executive Matthew Deaner said he was "b