It’s no secret that the film industry in America has been struggling with job losses and studio closures. For years, studios and production facilities have found more favorable conditions elsewhere and opened locations where labor is cheaper and tax credits more plentiful. This week, President Trump announced/is considering/will seek input concerning tariffs (the situation is fluid) on films made outside the US. However, his multiple announcements have left many with a long list of questions, including whether such action would actually benefit the industry in the US or whether it would be better served with other actions such as a national tax incentive program that would enable US studios to compete.
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