Hollywood is struggling, but some fear Trump's foreign film tariffs might do more harm than good

Industry Overview - The film industry in Hollywood has experienced a significant decline, with production falling by 40% over the last decade, leading to a shift of productions to other states and countries [2][4]. - Popular filming locations have shifted to countries like Britain, Australia, and Canada, which are now preferred over California for movie production [2]. Economic Factors - The exodus of the film industry is primarily driven by economic factors, including lower labor costs and more attractive tax incentives offered by other countries [4]. - The impact of this shift has resulted in many studios in Los Angeles being frequently empty, leading to job losses for those working behind the scenes [4]. Government Response - President Trump has proposed a 100% tariff on all foreign-made films entering the USA as a potential solution to the industry's decline [5]. - There is uncertainty regarding the implementation of these tariffs, with questions about their applicability to different types of films, such as those shown in cinemas versus streaming [6][7]. Industry Concerns - Filmmakers express concerns about the lack of detail in the proposed tariffs and how they would affect the production of films that require specific locations [9][14]. - The prop supply industry in Los Angeles has been severely impacted by the COVID pandemic, strikes, and the globalization of the film industry, leading to a significant decline in business [10][12]. Future Considerations - Industry stakeholders emphasize the need for careful consideration of the proposed tariffs to avoid unintended negative consequences for independent films and the overall film ecosystem [12][14].