After Donald Trump announced a new 104% tariff on Chinese products, Xi Jinping’s government may ban or restrict the import of Hollywood films into the country, which would affect US studios.
The trade dispute between the US and China could harm the production of Hollywood films. Chinese government officials are considering measures to retaliate against the tariffs imposed by Donald Trump’s administration.
The US president announced a series of tariffs to be applied to products from several trade partners, including China, the world’s second-largest economy.
The new 104% tariff on Chinese products was set to go into effect on April 9. In response, the Chinese government is planning to implement a series of retaliatory tariffs.
According to a list shared by two influential bloggers in China, banning or reducing the import of Hollywood films is one of the government’s potential sanctions.
Franchises like Star Wars, Marvel, and DC rely heavily on the Chinese consumer market to guarantee profitability in their productions.
“Big move if true. This could seriously impact Hollywood’s box office revenue, especially considering how much studios depend on the Chinese market,” commented one user on X, formerly Twitter.
“The Minecraft Movie,” for example, grossed $14.5 million in China within just one week of release. That amount accounts for 10% of the film’s total international box office revenue of $144 million.
“People really don’t understand how dependent American companies are on China as a consumer market,” said another user.
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