Overview

• President Trump’s proposed 100% tariff on foreign-made films remains under review, with no final decision announced by the White House.
• The entertainment industry, including Hollywood guilds and major studios, is advocating for a federal production tax credit as a more effective solution to declining domestic film production.
• California Governor Gavin Newsom has proposed a $7.5 billion national film tax incentive to counteract production losses and attract jobs back to the U.S.
• The UK government is in active discussions with U.S. officials to protect its creative industries from potential fallout, as questions linger about the feasibility and enforcement of the tariff plan.
• Industry leaders and unions express skepticism about the tariffs, citing potential economic and diplomatic repercussions, while emphasizing the need for collaborative solutions.