SAG-AFTRA President Fran Drescher is actively engaging with the Trump administration to address concerns over proposed 100% tariffs on films produced overseas. Instead of tariffs, Drescher suggests implementing tax abatements for movies made in the United States, arguing that this would help the U.S. film industry compete with international markets. She believes this approach would make domestic production financially appealing and discourage filmmakers from relocating to other countries. The discussions between SAG and the administration are ongoing, highlighting the industry's need for economic support to thrive.
Tax abatements make sure our industry gets what's needed to compete with other countries. Difficult to discourage business from going overseas if it's not economically affordable here. We won't need tariffs. It's the bottom line - people don't want to take a production overseas.
The problem is then solved. Tax abatements create an environment in the USA that makes it as appealing as in other nations to produce.
Seeking homegrown action, SAG-AFTRA President Fran Drescher is actively negotiating with President Trump's administration to replace proposed 100% tariffs on overseas films with tax breaks for domestic productions.
The ongoing discussions aim to ensure the film industry remains competitive in the U.S. by making domestic productions financially appealing in the face of international competition.
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