revive

Trump calls for federal tax incentives to revive U.S. film industry

President Trump on Monday urged Congress to approve federal tax incentives aimed at reviving American film and television productions, saying Hollywood has been hollowed out by productions moving to Canada and other countries.

In a social media post, Trump said he met with actor Jon Voight, whom he has designated as “Hollywood Ambassador,” and concluded there is “no incentive” to work in Hollywood anymore and that it is “hurting California very badly.”

“Jon, and many others in the Industry, are suggesting we do Federal Tax Incentives in order to Make our Movie and Television Production Business GREAT AGAIN, Perhaps GREATER THAN EVER BEFORE!,” Trump said wrote on Truth Social.

Trump said meetings are already being set up to talk to lawmakers from both parties, noting that he wants to the discussions to be bipartisan, “especially since so much money is being lost in California, and other largely Blue States.”

“I am going to suggest that Republicans and Democrats get together, and immediately craft Legislation to save the Movie, Television and Entertainment Business in America,” he said.

There are few details about what these incentives would look like at this time, but Trump said “the amount of money spent” on tax breaks will be made up “tenfold by the money pouring into the Treasury’s coffers.”

Charles Rivkin, chairman and chief executive of the Motion Picture Assn., applauded Trump’s announcement, and, in a statement, added that “for over a century, American studios, casts, and crews have produced the films and series that the world wants to see.”

“A federal incentive,” Rivkin added, “would be a landmark step toward bringing more production to local communities in all 50 states, strengthening our nation’s economy, and making our country a more competitive place to produce, create, and tell great stories.”

Trump’s push comes as production has continued to shift overseas. Last year, 45% of all U.S. films and scripted television shows were shot internationally, up from about 33% in 2022, an issue that has worried California lawmakers such as Sen. Adam Schiff (D-Calif.).

California and other states have bolstered their production incentive programs, but Schiff has said in the past that it is not enough. He, too, has made the case for a federal tax credit.

“State programs cannot simply substitute for the kind of global, federal and competitive tax incentives that are needed to bring production back to American soil and stop its offshoring,” Schiff said at an event in March. “The urgency could not be greater.”

Trump has previously floated more aggressive measures, including a threat to impose tariffs on foreign-made films, but that idea did not gain traction.

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Qatar’s prime minister to visit Tehran, seeking to revive US-Iran talks | US-Israel war on Iran News

Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani is due to visit Tehran on Thursday for talks on de-escalating tensions and reviving dialogue between Iran and the United States.

A spokesman for Qatar’s Ministry of Foreign Affairs announced the visit in a statement on X on Wednesday.

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Majed al-Ansari said Sheikh Mohammed, who is also Qatar’s foreign minister, will meet with “a number of Iranian officials” in Tehran to “discuss ways to de-escalate tensions” and “create the conditions conducive to dialogue”.

“The visit comes in line with the State of Qatar’s firm position that the diplomatic path is the best means of resolving differences & promoting security & stability in the region,” he added.

Iran also confirmed the visit, saying the discussions will cover “the continuation of Qatar’s mediation efforts and initiatives, as well as other regional developments”.

Qatar has served as a back-channel negotiator between Washington and Tehran and helped secure a memorandum of understanding in June that briefly paused hostilities. The agreement collapsed in July, and the conflict is now nearing its sixth month, with fighting largely paused but no diplomatic breakthrough in sight.

The US has, meanwhile, promised to increase economic pressure on Tehran by sanctioning its trade partners.

US President Donald Trump told Al Jazeera on Wednesday that he was in “no hurry” to resume talks with Iran, saying that he believed economic and military action against Tehran were both effective.

“I have no time schedule; whatever it takes,” he said.

‘Economic terrorism’

Iran has continued to denounce the economic pressure campaign.

Foreign Minister Abbas Araghchi wrote to the United Nations on Wednesday calling the new sanctions an “act of state and economic terrorism” and urging member states not to implement them.

“The sanctions deliberately harm civilians by restricting access to food, medicine, medical equipment, energy and other essentials, violating rights including the rights to life, health, food and an adequate standard of living”, he said.

The two sides also remain at odds over the Strait of Hormuz, the strategic waterway that handled one-fifth of global oil and liquefied natural gas shipments before the US-Israel war on Iran began in February.

Iran wants control over the strait, while the US wants it to remain an international waterway that is free for all. That disagreement in part led to the collapse of the memorandum signed in June.

Oil flows through the strait have since fallen to a three-month low, with just 5 million barrels per day (bpd) transiting on Monday. Before the war, the strait carried roughly 20 million bpd of crude oil.

Qatar’s Foreign Ministry said Sheikh Mohammed will also discuss the waterway in his meetings in Tehran on Thursday, focusing on “the need for it to return to the status quo prior to February 28”.

Regional diplomacy

Sheikh Mohammed’s visit comes two days after Omani Foreign Minister Badr Albusaidi met his Iranian counterpart, Araghchi, in Tehran.

Following those talks, Iran’s deputy foreign minister, Kazem Gharibabadi, said the two countries had agreed on a new temporary route for shipping in the strait.

But he insisted that the waterway will not reopen until the US fulfils its commitments under the June deal, including the lifting of sanctions and the release of frozen assets.

Pakistan’s army chief, Asim Munir, also visited Tehran earlier in the week in a bid to “end the stalemate” in the conflict, with Islamabad reporting “significant progress” in those talks.

Mostafa Khoshcheshm, a professor at the University of Applied Sciences in Tehran, said that regional countries were pushing for dialogue because “they believe that the situation is moving towards escalation”.

“They know that if war breaks out, it would be a fully-fledged war and the fire would spill over into the entire region and beyond, leaving a detrimental impact on the global economy,” he said. “So there are hectic diplomatic moves on the part of these countries.”

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