In response to Donald Trump’s escalating global trade conflict, and his recent decision to impose a 125% tariff on Chinese goods, the China Film Administration (CFA) has officially announced that they will significantly reduce the number of American films screened in their country. This announcement follows speculation about the impact of the increased tariffs on the importation of American movies into China. In response to queries from journalists about this matter, the CFA issued a statement.
In answer to a question about if U.S. tariffs on China would impact the import of American movies, a representative from the National Film Administration stated that the U.S. government’s misuse of tariffs against China could only serve to decrease Chinese viewers’ affinity for American films.
Moving forward, it’s clear that China is planning to slightly decrease the number of American films shown, while adhering to market regulations. This news is likely to be a significant setback for Hollywood, as Chinese theaters have been crucial in propelling blockbusters like the Marvel Cinematic Universe, James Cameron’s Avatar, the Fast and Furious series, and the recently successful A Minecraft Movie to unprecedented box office success. However, the statement also indicates:
As a follower, I’m committed to abiding by the market regulations, valuing the audience’s preferences, and gradually decreasing the quantity of American films we import. Being part of the global film industry, China stands as the second largest market. Consistently, I strive to maintain an open approach towards the international community, aiming to bring more outstanding films from around the world to cater to our audience’s demands.
The Statement Took Theaters in China by Surprise
The trade conflict initiated by Donald Trump’s administration has unexpectedly slowed down, as the U.S. President decided to postpone the escalation of tariffs on all nations except China. The recent tariff increase on China reached an impressive 125%, prompting China to respond with a 84% tariff on American products. This new information follows rumors and speculation that China might either ban or significantly reduce the number of American movies shown in cinemas.
As reported by THR, the previous trade deal stipulated that China would show 34 foreign movies annually under a revenue-sharing model, allowing overseas studios to keep 25% of ticket sales. However, this arrangement could potentially be reduced, taking many in the Chinese film industry, especially local exhibitors, by surprise. This adjustment also casts doubt on upcoming films like Disney and Marvel’s Thunderbolts. The report further indicates that exhibitors are hoping for favorable news regarding other forthcoming U.S. releases, such as Apple’s racing movie F1, featuring Brad Pitt.
The impending development is likely to be disappointing news for the U.S. and Chinese movie industries, which have been grappling with challenges posed by the COVID-19 pandemic, labor disputes, and persistent financial stressors.
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2025-04-10 16:04