He blamed a “concerted effort” by other countries that offer incentives to attract filmmakers and studios, which he described as a “National Security threat”.
“WE WANT MOVIES MADE IN AMERICA, AGAIN!”
US Commerce Secretary Howard Lutnick responded to the announcement, saying “We’re on it”.
This is an actual thing. I figured it was made up, but no, Trump is serious. :)
Good video by Dan Murrel on the subject. There is a colonel of truth in that there has been a race to the bottom for film studios. But this is unlikely to help the situation, and will likely only lead to fewer movies overall.
https://youtu.be/zlhv8V5n0sQ