Beijing, April 10 -- China's film regulator on Thursday announced it will "moderately reduce" the number of US films imported into the country, state media reported citing the Chinese Film Administration.

This decision follows US President Donald Trump's imposition of a 125 per cent tariff on the import of all Chinese goods, and Beijing retaliated with "countermeasures," imposing an 84 per cent tariff on US goods.

A spokesperson for the China Film Administration stated that the adjustment follows market principles and reflects audience preferences, as the United States' recent hikes in tariffs on Chinese imports are bound to impact Chinese audiences' interest in US movies as per the official Xinhua news agency.

"We will follow the law ...