Trump pushes for federal tax incentives to revive Hollywood

In the United States, President Donald Trump recently called for bipartisan federal tax incentives to revive the struggling film and television industry. This proposal comes as a response to the alarming trend of production moving overseas, with nearly 45% of U.S. films being shot abroad. Trump emphasized the urgency of restoring jobs lost to foreign competition, receiving support from Democrats like Senator Adam Schiff and industry leaders who believe these incentives could enhance the competitiveness of American production.