11 April 08:22

International
Foto: Shutterstock
China has announced immediate restrictions on imports of US movies, believing that US trade measures, in particular the 145% tariff hike, are negatively affecting the Chinese public's perception of Hollywood productions. The decision, influenced by Chinese bloggers, reflects a potential trade retaliation and underlines that China has various options to respond to US actions. The move could have a significant impact on Western movie studios, which are already feeling the negative effects on their financial markets.
Sources

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