Beijing weighs fentanyl offer to US to start trade talks, WSJ reports
- China recently offered to address the fentanyl precursor crisis to revive trade talks with the United States amid ongoing tariff battles.
- Both countries have imposed steep reciprocal tariffs, reaching up to 245%, which escalated tensions and motivated China to explore this offer.
- China’s Public Security Minister Wang Xiaohong has sought clarification from the Trump administration on expected actions regarding fentanyl-related chemical controls.
- The Wall Street Journal described this initiative as a possible softening in the trade war, with tariffs reaching 145% on some goods and Wang possibly holding direct talks soon.
- This offer signals potential easing of hostilities and may provide an off-ramp for restarting stalled trade negotiations between the two economic powers.
24 Articles
24 Articles
China Looks for Fentanyl Angle to Spark Tariff Negotiations
With its economy already feeling the trade war with the US, China is preparing its people to dig in for a long battle. At the same time, officials are looking into whether fentanyl might serve as a conversation starter for the two countries, the Wall Street Journal reports. Chinese companies...
Fentanyl diplomacy? Beijing weighs drug crackdown to start US-China trade talks
Beijing is considering ways to address the Trump administration's concerns about China's role in the fentanyl trade, potentially providing an offramp from hostilities to allow trade talks to start, the Wall Street Journal reported on Friday.
Beijing weighs fentanyl offer to US to start trade talks, WSJ reports
Beijing is considering ways to address the Trump administration's concerns about China's role in the fentanyl trade, potentially providing an off-ramp from hostilities to allow trade talks to start, the Wall Street Journal reported on Friday.
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