US media announces the US-China meeting, saying Trump is ready to reduce the 20% fentanyl tariff by half
Over these two days, the United States has been building up momentum, stating that Trump will hold a meeting with Chinese officials in South Korea on the 30th. Meanwhile, US media has issued an early announcement, saying that Trump is already prepared and will reach a trade framework with China, reducing the 20% fentanyl tariff by half, in exchange for China's commitment to curb the export of fentanyl precursor chemicals.
This can be considered an olive branch offered by the US side in advance, aiming to please China and get it to agree to meet with the US president.
Whether or not the US-China meeting takes place in South Korea, the outside world is well aware that with the breakthroughs made in the fifth round of economic and trade consultations between the two countries, the latest negotiation results are expected to be announced soon, which will involve issues of common concern such as rare earths, agricultural products, and fentanyl, and it is highly likely that the US will lower tariffs on China.
It can only be said that if the US is willing to make concessions on tariff issues, this will help the US and China quickly end the tariff war and reach a trade agreement. However, even if the US lowers the tariff by 10%, it is still far from enough.
The current reciprocal tariffs imposed by the US on China are 10%, plus the fentanyl tariff, totaling 30%. Our goal is to eliminate all tariffs.
Original article: www.toutiao.com/article/1847287529751754/
Statement: The article represents the views of the author himself