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Summary
Donald Trump announced plans to impose a 100% tariff on all movies produced outside the U.S., citing the need to revitalize the “dying” American film industry, which he claims is threatened by foreign incentives and poses a “national security threat.” He has tasked the Department of Commerce and the U.S. Trade Representative to initiate the process, though details on the implementation remain unclear. Meanwhile, Australia continues to attract U.S. productions with tax offsets, including films like “Place to Be” and various Marvel movies, benefiting from a 30% tax rebate for qualifying projects.
