Unlike Robert De Niro -- a vocal critic who called Trump “America’s philistine president” at the festival’s opening ceremony -- they told AFP they have no political or personal axes to grind with him.
“I don’t see any benefit to what he is trying to do. If anything it could really hurt us,“ Scott Jones, the head of Artist View Entertainment, told AFP.
Trump's own “special ambassadors” to the industry, actors Jon Voight and Sylvester Stallone, both signed a letter Tuesday thanking him for drawing attention to “runaway” US productions being shot overseas, but asking for tax breaks to keep them in the United States rather than tariffs.
“More than 80 countries offer production tax incentives and as a result, numerous productions that could have been shot in America have instead located elsewhere,“ they said.
'Catastrophic'
And producers have been going north to make movies in Canada for decades “because we are cheaper and we have tax credits, great facilities and really top technical talent”, she added.
Many, like American sales agent Monique White of California Pictures, think tariffs are “unfeasible” and Trump will quietly drop the idea.
But others worry that the damage has already been done.
“Investors, particularly foreign ones, don’t want to get burned down the line. He's killing us,“ he told AFP.
Even if Trump manages to push tariffs through, Lantagne argued it would be a “bureaucratic nightmare to rule on what is a US film”, as financing and talent is now so international.
He is in Cannes for the red carpet premiere of the US film “Splitsville” starring Dakota Johnson.
And last year he worked on the Paramount film “Novocaine”, which was set in San Diego but shot in South Africa with its post-production in Quebec.
California’s governor Gavin Newsom has been struggling to push through plans to double tax breaks to $750 million (670 million euros) a year to stem the flight -- a sum White said “is still way too small”.
Meanwhile, Cannes' bustling industry market is crammed with countries offering generous fiscal incentives to tempt US movie and TV makers their way.
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