China may ban Hollywood movies after Trump ratchets up trade war, say report


Source: indianexpress.com indianexpress.com

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The Bloomberg report, quoting two influential Chinese bloggers, stated measures local authorities are planning to take in response to the US president's reciprocal tariff levies. (AP) After the United States slapped punishing levies on China, with a 104 per cent tariff coming into effect on Wednesday, Beijing is considering a ban on Hollywood movies. Local authorities are planning this in response to US President Donald Trump’s reciprocal tariff levies, Bloomberg reported, quoting two influential Chinese bloggers. According to sources, “reducing or banning the import of US films” and increasing tariffs on US agricultural goods and US services are among other...