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Photo Files: US President Donald Trump (R) stands with actor John Voit outside the Oval Office before heading from the Southern Law of the White House in Washington, the Colombia District on January 28, 2020.
Mandel and | AFP | Gets the image
Actor John Voit and his manager submitted an offer President Donald Trump This included the idea of making tariffs for films outside the United States, two men said on Monday.
Shortly after the men met with Trump, the president announced on Sunday that the Commissioner’s Commissioner and the US Trade Representative “immediately start the process of making 100% tariffs for any films that are produced on foreign lands.”
Trump did not talk about how these tariffs would be implemented.
But his announcement of the truth is social panic and confusion in Hollywood studios and streaming services.
Concern with potential tariffs shortly pulling stock prices on Monday, such as companies such as companies Walt Disney Co. and Netflix.
Both Trump and the White House came back on Monday, the idea that tariffs will certainly be adopted.
The statement on Monday said: “We look forward to working with the administration, union, studios and stretch marks to help form a plan to preserve our industry healthy and return more productions to America.”
“By creating the right setting through reasonable incentives, updated policy and so necessary support, we can ensure that US production companies flourish, more jobs remain at home, and Hollywood is leading the world again in creativity and innovation,” he added.
Voit and its leader Stephen Paul presented “Trump’s comprehensive plan” what changes need to be made to increase the production of internal films, “Paul Company SP Global Media said on Monday.
On January 20, 2025, actor John Voight visited the Commander -in -Chief in Washington, the Colombia District.
Andrew Harnica | Gets the image
The plan included “federal tax benefits, significant changes in several tax codes, creation of joint production contracts with foreign countries, as well as subsidies for infrastructure for theaters, film products and companies after production,” the company said.
“The proposal also includes emphasis on job preparation and tariffs under certain limited circumstances,” the firm said.
Voit, Paul and another advisor also met with Trump in Mar-a-lago to discuss the plan over the weekend.
Following the upheaval of his message at the end of Sunday, Trump He gained his rhetoric on Monday.
Trump said he would ask Hollywood studios If “they are happy” with his suggestion to impose tariffs 100% on films made outside the US.
“I do not want to harm this area, I want to help the industry,” Trump told the White House.
“So we’re going to meet this industry,” he said. “I want to make sure they are satisfied with this because we’re all about work.”
The White House press secretary, Kush, said that “there was no final decision on foreign motion pictures.”
“The administration studies all the options to provide President Trump’s directive for the protection of the national and economic security of our country, making Hollywood again,” he said.
Trump also told reporters on Monday that the US film industry “was reduced by other countries that removed them, as well as incompetence, as in Los -Andgeles, Governor (Gavin Newsom) is a gross incompetent person, he simply allowed him to pick up.”
“Hollywood is not very much engaged in this business, they have a good sign, and all is well, but they are not very much,” Trump said.
In his statement, the NEWSOM spokesman said: “The Newsom Governor continues to uphold the iconic and television and television industry of California, recognizing it with a cornerstone of the state that supports hundreds of thousands of good wages in each sector.”
“His plan is more than double the cinema tax loan and television films reflects the commitment to preserve the production here at home, support workers and support California’s global leadership,” the press secretary said. “If the president announces a proposal with more details, we will look at it.”
Costs for films and television series made in the US are reduced. But all major American film companies make movies abroad, complicating the questions of how the tariff for such films will be applied and who will benefit.
“Tariffs usually apply to imports of” goods “, so the DVD import tariff is easy to perform, and the tariff for intellectual property is almost impossible to perform,” Alicia Riesa wrote, Wedbush analyst in a Monday’s research note.
The amount of money spent in the US on films and series made up to $ 10 million or more has decreased dramatically since the rest of the world has made the cost of films in the rest of the world.
In 2021, the so -called devotees for such films and series in the US amounted to almost $ 26 billion, the company reports Progresswhich tracks the costs for the studio. This decreased to $ 19 billion in 2024.
In 2021, the expenses for such productions in the rest of the world amounted to almost $ 23 billion. It increased to $ 24.6 billion last year, showed PRODPRO data.
In 2021, the number of projects made up of $ 10 million and more, which were made in the United States, amounted to 466 years.
Conversely, the number of such projects made in the rest of the world increased from 420 in 2021 to 489 in 2024, according to ProdPo.
“According to a survey of the 2025 studio leaders, the question, when asked what the main criteria they consider when choosing a place of shooting, tax benefits are the issue # 1,” Pranpo said in a CNBC statement.
“Other key factors include creative solutions, infrastructure and a local crew,” the company said. “Our tracking shows that the United States is observing a decrease in the absolute number and market share, indicating that the productions are moving to other countries, including Australia (New Zealand), among other centers with attractive stimuli.”
PRODPO noted that currency exchange rates “also do not represent the US based in the US, given the US dollar strength compared to other markets.”
“In our poll of the leaders of the studios regarding their prevailing production places in 2025-26 years, the top five options were outside the US,” the company said.
– CNBC Julia Burstein and NBC NEWS ‘Daniel Arkin brought to this story