Trump film tariffs could be good for movie studios like Syracuse’s American High
- On Sunday, President Donald Trump announced plans to impose a complete tariff on films produced outside the United States in an effort to transform the domestic film industry.
- This proposal responded to growing competition as many productions shift abroad due to financial incentives and high U.S. Costs.
- Upstate New York studios like American High benefit from a 40% tax credit and already maintain low-cost production models appealing to others.
- Jeremy Garelick stated that his Liverpool-based production company offers a reliable and intelligent option for studios seeking stability, while Trump asserted that the American film sector is rapidly declining.
- The tariffs could encourage more domestic filming and revival of job opportunities, but uncertainty continues to affect major studios and industry stability.
63 Articles
63 Articles
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