China to ‘reduce’ Hollywood movie releases in response to Trump’s tariffs | Trade War News

China’s National Film Administration says US movies will be less popular after Washington imposed a 145 percent tariff on Chinese imports.

China has moved to “moderately reduce” the release of Hollywood films in the Chinese market in the latest front of the growing United States-China trade war.

China’s National Film Administration directly linked their decision on Thursday to US tariffs on Chinese products, which US President Donald Trump has raised to a sky-high 145 percent.

“The…

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News Source: www.aljazeera.com

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