President Trump seems to think massive tariffs on foreign-produced films are the answer to helping keep productions — and American jobs — in the U.S. But the heads of several top Hollywood studios, speaking on a panel Wednesday at the 2025 Milken Institute Global Conference in Beverly Hills,

The White House says “no final decisions on foreign film tariffs have been made,” as the president pushes the idea on social media.

California Gov. Gavin Newsom reached out to the Trump administration on Monday with hopes that the two can pair up and create a $7.5 billion federal film tax credit to help out the movie business.