Overview
- President Trump’s proposed 100% tariff on foreign-made films remains under review, with the White House emphasizing it is a non-final proposal pending consultations with industry stakeholders.
- Jon Voight, appointed as a Hollywood special envoy, has submitted a detailed plan to revive U.S. film production, including tax incentives, co-production treaties, and infrastructure subsidies.
- Industry unions are divided, with IATSE advocating for federal production tax credits and the Teamsters union supporting the proposed tariffs to address outsourcing of jobs.
- California Governor Gavin Newsom has proposed working with the White House on a $7.5 billion federal tax incentive to bolster domestic film production and counter international competition.
- Domestic film production in Los Angeles has declined sharply, with a reported 22.4% drop in shoots from January to March, highlighting the urgency of addressing runaway production.