Trump Halves Fentanyl-Related Tariffs on China, but Keeps Pressure On
6 Articles
6 Articles
Donald Trump signs an order that reduces additional tariffs to China by fentanyl traffic from 20 to 10 percent.
Trump signs order to lower tariffs on China
US President Donald Trump signed an order on Tuesday to lower fentanyl-related tariffs on Chinese products, formalising a key part of his deal with President Xi Jinping after their first face-to-face talks in years. Shortly after returning to the presidency this year, Trump imposed additional tariffs of 20 percent on goods from China over its alleged role in the fentanyl supply chain. China has since committed efforts to halting the flow of prec…
The measure, which reduces the tax at the current rate of 20%, will enter into force on 10 November, according to an executive order
Donald Trump signed Tuesday an order that reduces 20% to 10% of the additional tariffs on many Chinese products that had been imposed in retaliation for the trafficking of fentanyl into the United States.The decision formalizes a key part of the agreement reached by the U.S. president and his Chinese counterpart, Xi Jinping, behind the face-to-face that both of them held in South Korea.Shortly after returning to the White House this year, Trump …
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