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Stock impact report

Hollywood Becomes Collateral Damage In Trump Tariff War As China Slashes Film Imports, Says US Actions Will Inevitably Reduce 'Favorability' Towards American Films [Yahoo! Finance]

Imax Corporation (IMAX) 
Last imax corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: imax.com/content/investor-relations
Company Research Source: Yahoo! Finance
China announced on Thursday it would immediately restrict Hollywood film imports in retaliation for President Donald Trump ‘s tariff increases on Chinese goods, targeting a high-profile American export as trade tensions intensify. What Happened : A spokesperson for the National Film Administration said, “The wrong move by the U.S. government to abuse tariffs on China will inevitably further reduce the domestic audience's favorability towards American films. We will follow market rules, respect the audience's choice, and moderately reduce the number of American films imported.” Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share! The move could significantly impact major U.S. studios and entertainment companies with Chinese market exposure. IMAX Corp (NYSE: IMAX ) faces particular exposure with 23% of its revenue derived from China , where 45% of all IMAX screens ar Show less Read more
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