Donald Trump has made a fresh plea for federal tax incentives aimed at bringing Hollywood production back to America. The proposal fits into his broader push for policies designed to encourage jobs and investment on U.S. soil. Now the entertainment industry has entered that conversation, with Trump arguing that film and television production has increasingly moved abroad, taking work and economic activity with it.

His latest message calls on Congress to create a federal production incentive that could reshape where movies and television shows are made.

In a post on X, Donald Trump wrote, “Let’s get this done!” while calling for federal incentives to encourage entertainment production across the United States. He said he had a meeting with actor Jon Voight, whom he described as his Hollywood Ambassador, and that Voight was deeply concerned about production leaving America for Canada and other countries.

Trump, in his statement, also argued that California has been particularly hurt by the movement of film and television work overseas and to other states offering production incentives. He said the government could recover the cost of a tax incentive through the additional economic activity and tax revenue created by bringing productions back.

The proposal has backing from Voight and an industry coalition that includes the Motion Picture Association, the Directors Guild of America, and entertainment unions. According to Reuters, the proposal being discussed includes a 20% federal tax credit for domestic production labor expenses.

Trump urged Republicans and Democrats to work together on legislation, presenting the initiative as a potential boost for American jobs and the domestic entertainment economy. The proposal comes as Hollywood continues adjusting to a production landscape shaped by tax incentives, streaming, and international competition.

Paramount’s Warner Bros. Takeover Could Cost LA $2.8 Billion, Study Reveals

While Washington weighs a possible rescue plan for American production, Hollywood is also watching a massive corporate merger that could dramatically reshape the entertainment business.

Paramount Skydance’s proposed acquisition of Warner Bros. Discovery remains tied up in an antitrust battle despite growing investor confidence. The transaction has been valued at about $110 billion, with Paramount offering $31 per Warner Bros. Discovery share and assuming the company’s debt.

California Attorney General Rob Bonta and 11 other states are challenging the deal, arguing that combining the companies could reduce competition across film and television. The legal battle has pushed the expected closing timeline into 2027, while Paramount faces significant financial pressure from a daily ticking fee of roughly $7 million beginning October 1.

Investors have nevertheless become more optimistic. Barron’s reported that Wall Street was assigning roughly an 85% probability that the transaction would ultimately close. Paramount has also secured regulatory approval in numerous jurisdictions, including Britain, leaving the U.S. antitrust case as a crucial hurdle.

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What do you think about Donald Trump’s push for federal film and television tax incentives? Let us know in the comments.