10.04.2025 16:20
The economic war between the United States and China has moved to a new front. In response to the U.S. imposing a 125% tariff on Chinese products, China announced that it would restrict the entry of Hollywood films into the country. The Chinese Film Administration stated that the unfair tariffs imposed by the U.S. have reduced the Chinese people's interest in American films.
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The economic war between China and the USA has spread to a new front. In response to US President Donald Trump's imposition of a 125% tariff on Chinese products, the Beijing administration announced that it would restrict the entry of Hollywood films into the country.
In a statement made by the China Film Administration, it was said, "The unfair tariffs imposed by the US government will reduce the Chinese people's interest in American films. Therefore, within the framework of market rules and respecting audience preferences, we will reduce the number of imported American films."
China, the world's second-largest cinema market, already limits the screening of foreign films through a quota system. However, given the size of the Chinese market, this limitation means a significant financial loss for Hollywood studios. For example, the film "Minecraft," which premiered in China last week, earned $14.5 million in just one week.
This development came after Trump announced a 90-day delay on global tariffs on April 2, but specifically imposed a 125% tax on China. Trump's move initially caused significant declines in global markets. However, the subsequent retreat allowed the markets to recover.
Trump commented on this situation on the social media platform Truth Social, saying, "What a day it was! Greater days are coming!" Treasury Secretary Scott Bessent stated, "It has now been shown to the whole world that China is a malicious actor."
Chinese officials accused Trump of "bullying," stating that they would "never bow to excessive pressure." It is reported that China is preparing for a long-term economic war, planning to flood global markets with cheap products from its new factories worth $1.9 trillion.
Experts predict that this trade war between the USA and China will continue to harm the global economy and that other countries, including Turkey, will also be affected by this situation.
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