Overview
- President Trump’s proposal for 100% tariffs on foreign-made films remains undeveloped, with the White House emphasizing ongoing discussions with stakeholders.
- A coalition of Hollywood unions and studios has formally urged the administration to support federal tax incentives to retain and attract film production in the U.S.
- At the Cannes Film Festival, director Thierry Frémaux and actor Robert De Niro criticized the tariff proposal, highlighting its potential global cultural and economic impact.
- Industry experts continue to question the feasibility of defining and enforcing tariffs in a globalized film production environment.
- California Governor Gavin Newsom has proposed a $7.5 billion federal tax credit plan as an alternative to tariffs, aiming to revitalize domestic production.