fentanyl tariffs
Trump Revives Controversial Working Group Strategy with China to Combat Fentanyl Crisis
Nov 04, 2025 04:41 pm CST
President Trump has halved tariffs on China in exchange for renewed cooperation on fentanyl trafficking through a bilateral working group—a strategy previously criticized by Republicans, including his own Vice President JD Vance. This represents a significant policy shift after Trump initially imposed 20% tariffs to pressure China into action on the synthetic opioid crisis. Experts question whether this approach will yield different results from previous similar arrangements under both Trump and Biden administrations.
US-China Reach Historic One-Year Rare Earths Agreement as Trump-Xi Summit Exceeds Expectations
Oct 30, 2025 01:34 pm CST
US President Donald Trump and Chinese President Xi Jinping have reached a significant one-year agreement on rare earth materials during their first face-to-face meeting in six years. Trump rated the diplomatic encounter as exceptionally positive, scoring it "12 on a scale of 10," while also announcing a reduction in fentanyl-related tariffs to 10 percent. The agreement addresses a strategic sector dominated by China that is crucial for defense, automotive, and electronics manufacturing, potentially averting another cycle of trade conflicts between the world's largest economies.
Trump and Xi Set for Crucial Trade Talks as US President Concludes Productive Asia Tour
Oct 29, 2025 08:14 pm CST
US President Donald Trump prepares for a pivotal meeting with China's Xi Jinping in Busan to address trade tensions, while announcing progress on a $350 billion South Korean investment deal. The high-stakes talks come amid Trump's successful three-nation Asia tour marked by honors and diplomatic achievements, with potential implications for global markets, supply chains, and regional security.