Former President Trump announced on September 3, 2026, that he has spoken with Netflix regarding tax incentives for the U.S. entertainment industry. Trump revealed the discussions during a meeting with travel industry executives focused on boosting international tourism.
The proposed incentives aim to make the U.S. a more competitive location for film and television production. This initiative targets the current trend of productions moving overseas to utilize generous foreign rebates.
The plan follows Trump's earlier legislative efforts to revive Hollywood. The initiative has gained bipartisan support and backing from industry trade groups and unions.
Netflix co-CEO Ted Sarandos previously advocated for tax incentives over tariffs to bring production back to the U.S.