Australia is urging the Trump administration to reconsider its 100% tariff on movies produced outside the United States. This tariff, announced on Truth Social, is argued by Trump to help combat the decline of Hollywood. The Australian government worries this will negatively impact Australian film productions, including recent productions like 'The Fall Guy' and 'Elvis'.
Foreign Minister Penny Wong highlights the benefits of Australian-American film collaborations, emphasizing the number of Australian actors popular in the US and the economic advantages for both nations. She plans to directly lobby the US administration.
This tariff presents the first significant negotiation challenge for Prime Minister Anthony Albanese's new term. A potential in-person discussion is anticipated at the G7 summit in Canada in June. The outcome could significantly influence Australian-American film collaborations and the Australian economy.