China Punishes Top US Industry After Trump Angers Beijing With 125% Tariff | Hollywood | Xi Jinping
By Dilshan Darshana 96 views 1 week ago
China has retaliated against President Donald Trump’s 125% tariff on Chinese goods by announcing a reduction in Hollywood film imports. The National Film Administration stated it would "moderately reduce" American films entering the Chinese market, citing souring domestic demand for U.S. cinema. Experts view this move as a symbolic strike against American cultural influence, with Hollywood studios bracing for losses in the world’s second-largest film market.