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China is set to reduce the number of U.S. movie imports in response to President Donald Trump’s controversial tariffs.
Per Variety, the Chinese Film Administration has announced its plans to cut back on the number of American movies imported. In a statement, the Administration claimed that the U.S. government’s decision to “…abuse tariffs on China will inevitably further reduce the domestic audience’s favorability towards American films.” The decision is set to have wide-reaching ramifications on Hollywood’s box office potential and the financial success of American movies.
More to follow…
Source: Variety