Chinese authorities have intercepted 430kg (948lbs) of cocaine aided by tip-offs by the United States, a sign of possible progress on the issue following an agreement on counternarcotics cooperation reached by the leaders of the two countries in October. Chinese authorities had found the drug in an international container at the Yantian port in Shenzhen,…
THE FIGHT against fentanyl, a synthetic opioid, is at the heart of America and China’s uneasy trade-war truce. The drug has killed more than 300,000 Americans since 2020 and related overdoses are the leading cause of death for Americans aged 18-44. Shortly after starting his second term in office, President Donald Trump slapped a 20%…
FBI Director Kash Patel visited China last week to hold talks on fentanyl, a deadly synthetic opioid, and law enforcement cooperation, shortly after a summit between the US and Chinese presidents, where both highlighted a “consensus” on the issue. A person aware of Patel’s trip told Reuters that the chief of the Federal Bureau of…
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 Chinese leader 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 per cent on goods from China…
Another high-stakes face-off between the United States and China has come and gone. The much-anticipated summit between Chinese President Xi Jinping and US President Donald Trump in Busan, South Korea, resulted in agreement on several points. The US agreed to reduce its so-called fentanyl tariffs on China by 10 per cent, suspend recently tightened technology…
With the United States and China striking what the White House has called a “historic” agreement, trade tensions between the world’s two largest economies – after months of simmering – appear to be entering a phase of de-escalation. Here, the Post explores what the fact sheet has revealed about the commitments made by the US…
China will effectively suspend implementation of additional export controls on rare earth metals and terminate investigations targeting US companies in the semiconductor supply chain, the White House announced. The White House issued a fact sheet on Saturday outlining some details of the trade pact agreed to earlier this week by US President Donald Trump and…
Just back from his whirlwind Asia tour, US President Donald Trump on Friday hailed a newly negotiated trade deal with China as a “long-lasting” victory even as he teased the possibility of more tariff concessions. Aboard Air Force One en route to his Palm Beach, Florida, resort, Trump painted the Busan, South Korea, summit with…
US President Donald Trump hailed his high-stakes meeting on Thursday with Chinese leader Xi Jinping as a “great success”, marked by progress on thorny trade issues. Trump agreed to reduce America’s fentanyl-related tariffs on China by 10 percentage points and cut the overall tariff rate on Chinese imports from 57 per cent to 47 per…
US President Donald Trump said he may discuss a decline in Chinese purchases of Russian oil with Xi Jinping following US sanctions on two major oil companies and expressed disappointment with Vladimir Putin over his conduct of the war in Ukraine. Trump, speaking to reporters en route to Asia to meet world leaders, including Xi,…