Overview
- President Trump’s proposed 100% tariff on foreign-made films has sparked widespread uncertainty, with industry leaders questioning its feasibility and potential impact.
- More than 100 film and TV organizations have issued an open letter urging governments to safeguard independent film production and cultural diversity.
- Cannes Film Festival director Thierry Frémaux has withheld detailed commentary, citing a lack of clarity and Trump’s history of inconsistent policy statements.
- U.S. entertainment unions and the Motion Picture Association have called on Trump to support tax incentives, including expanded deductions for domestic film production costs.
- California Governor Gavin Newsom has proposed a $7.5 billion federal film tax credit as an alternative to tariffs, aiming to bring production back to the U.S.