China to import fewer U.S. films, film administration says
The Hindu
China plans to moderately reduce U.S. film imports due to decreased domestic demand from tariffs.
China's film administration said in a statement on Thursday (April 10, 2025) it would "moderately" decrease the number of U.S. films imported to the country, citing a reduced domestic appetite for U.S. films due to tariffs on China.
The U.S. first imposed 10% tariffs on all Chinese imports in February this year. A month later, the U.S. imposed additional 10% tariffs on all Chinese goods. On April 3, 2025, U.S. President Donald Trump announced additional 34% duties on all Chinese imports.
On April 4, China announced retaliatory measures including more export controls on rare earth minerals. On April 9, China’s 84% levies on the U.S. take effect, and finally on Thursday, the U.S.’ tariff of 104% on China came into effect.
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