China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump‘s escalation of U.S. tariffs on imported Chinese goods.
After three decades during which China annually imported 10 Hollywood movies, its National Film Administration said Trump’s increase of tariffs on Chinese imports would further sour domestic demand for U.S. cinema releases.
Meanwhile, the Europe will pause its first countermeasures against U.S. tariffs.
European Commission chief Ursula von der Leyen said: ‘We want to give negotiations a chance.’
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China bans Hollywood in tariff war escalation
We will follow market rules, respect the audience’s choices, and moderately reduce the number of American films imported,” the NFA said on its website.
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China bans Hollywood movies as Europe caves to Trump on tariffs: Live updates