The United States may reduce tariffs on China if Beijing acts to limit exports of fentanyl-producing chemicals.
It’s an idea President Donald Trump and Chinese President Xi Jinping are expected to discuss this week, The Wall Street Journal reported Tuesday.
According to the report, the U.S. could reduce its current 20% fentanyl-related tariffs on Chinese goods by up to 10 percentage points if China agrees to tighten controls on the export of precursor chemicals used to manufacture fentanyl, a synthetic opioid linked to thousands of drug-related deaths each year.
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