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China to 'moderately reduce' number of US film imports: China Film Administration

Amid escalating trade tensions, China's Film Administration announced it would "moderately reduce" the import of US films. This decision follows increased tariffs imposed by both the US and China. The move is expected to impact US studios, as China's film market is the world's second largest, and Hollywood blockbusters often perform well there, despite existing quotas on foreign films.

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