Reports indicate that China is considering a ban on all US films as a potential response to the recent increase in tariffs on Chinese imports imposed by the United States. This follows the implementation of "reciprocal" tariffs by Donald Trump on various countries, including a substantial 104 percent duty on Chinese goods.
According to Bloomberg News, two prominent Chinese bloggers, known for their connections to local authorities, shared identical lists of potential retaliatory measures. These measures, attributed to sources familiar with Chinese state planning, include the possibility of reducing or banning the import of US films.
The New Empire." The US and Canada domestic box office for the same period reached around $8.56 billion.
The initial imposition of global tariffs by Trump included a 54 percent tariff on Chinese imports, which the White House has indicated will increase by an additional 50 percent. The Chinese foreign ministry has vowed to "fight till the end" in response, accusing the US of "typical unilateralism and protectionist economic bullying."
Beyond the film industry, the US agricultural sector could also face repercussions, with China reportedly considering a complete ban on poultry imports. The film sector contributes to a significant US trade surplus with China, as Chinese films generally do not achieve similar levels of popularity in overseas markets. However, there have been recent efforts to promote Chinese films, such as the animated hit "Ne Zha 2," for release in the US.
"Ne Zha 2," with a budget of $80 million, has already become the highest-grossing animated film in history, earning $2.06 billion in China. The film is a sequel to the 2019 fantasy adventure "Ne Zha," which tells the story of a young boy with unique powers who teams up with a dragon prince to combat demons and protect his community.
9 Comments
Habibi
If the US can impose tariffs, then why can’t China impose a ban? It’s only fair play!
ZmeeLove
Banning US films could give Chinese filmmakers a better chance to shine in the domestic market.
Muchacho
This ban won't solve economic problems; it will only drive a wedge between two massive markets.
Coccinella
Retaliation is necessary when faced with unfair trade practices. I support the move to ban US films!
Muchacha
Retaliation against films is childish. Better solutions exist that don’t involve punishing consumers.
Leonardo
Banning US films will only hurt Chinese moviegoers who enjoy Hollywood blockbusters. It’s a petty retaliation.
Eugene Alta
The US has been acting like a bully in trade; it’s nice to see China pushing back!
Noir Black
It’s high time for other countries, including China, to stand up against American cultural imperialism.
Eugene Alta
Why retaliate against innocent filmmakers? This isn't good for cultural exchange or global understanding.