The U.S. considers significantly reducing tariffs on China, but resolving the fentanyl issue will take time.

The United States announced that it will significantly reduce tariffs on Chinese goods, but more time is needed!

U.S. Treasury Secretary Bensont stated that the U.S. may need several months or even a year to significantly cut tariffs on Chinese goods, as Washington needs to see progress in the issue of fentanyl proliferation.

"The 20% tariff is based on the so-called fentanyl tariff. They are the sources and suppliers of fentanyl precursors, which enter Mexico and Canada and then enter the U.S., which is unacceptable. Therefore, I can imagine that these tariffs will be reduced after visible progress is made on this issue, which may take several months, if not several quarters or a year."

Bensont emphasized that the final decision-making power lies with the U.S. President. Bensont also confirmed that the next trade meeting between Washington and Beijing will take place in two to three months.

Original article: www.toutiao.com/article/1840291730724864/

Statement: This article represents the personal views of the author.