President Trump has thrown his support behind a proposed federal tax credit aimed at reversing the decline in film and television production within the United States, giving the forthcoming legislation a name: "The Motion Picture, Television, and Entertainment Revitalization Act." The move follows years of Hollywood productions relocating overseas to countries offering more generous incentives, and marks a significant shift after the idea had previously seemed unlikely to gain traction. Trump said the bill enjoys "great bipartisan response and support in Congress" and pledged to bring the industry "back to America," framing it as a jobs-focused initiative designed to win over Republican lawmakers whose constituents are also affected by the loss of local production work.

The announcement followed a White House meeting between Trump and Hollywood's "special ambassador" Jon Voight, along with producers Steven Paul and Scott Karol, who warned that runaway production had reached a critical point as projects increasingly move to countries such as Britain, Canada and Australia. More than 120 nations now offer film subsidies, with the UK emerging as a particular hub for major productions, including Marvel Studios, which recently relocated from Georgia. British Film Commission figures show international productions spent roughly $7.8 billion (£6.2bn) in the UK economy in 2025, with US production spending up almost 30% year-on-year, underscoring the competitive pressure driving America's push for its own incentive.