Trump's Tariff Proposal Threatens Hollywood's Recovery

President Trump has criticized Hollywood for its decline, attributing its struggles to high labor costs, the rise of streaming services, and the loss of film production to countries offering generous tax incentives, such as the UK and New Zealand. Industry insiders largely agree that complacency in California and attractive foreign tax credits have globalized film production, leading major studios like Disney and Marvel to shoot blockbuster movies outside the United States. Trump has proposed a 100 percent tariff on films made abroad in an effort to bring production back to the U.S., though film executives warn such a measure could devastate the industry rather than revive it. While Trump blames foreign nations for undermining Hollywood, some experts argue it is the industry's own failure to adapt that has accelerated its decline.