Overview
- President Trump proposed a 100% tariff on films produced outside the U.S., citing national security and economic concerns, but no final decision has been made.
- California Governor Gavin Newsom unveiled a $7.5 billion federal tax incentive plan to encourage domestic film production and filed a lawsuit challenging Trump’s tariff directive.
- Jon Voight, Trump’s Hollywood ambassador, suggested a narrower tariff plan paired with tax incentives and subsidies for theaters and production companies.
- The White House has not clarified whether the proposed tariffs would extend to television and streaming content, leaving industry leaders uncertain about the scope of the policy.
- Major studios and streaming platforms like Netflix, which relies heavily on international content, are preparing lobbying efforts to oppose or amend the proposed measures.