this post was submitted on 31 Oct 2025
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Cuts to US ‘fentanyl tariffs’ help Chinese exporters gain on competition (www.scmp.com)
submitted 4 days ago by rss@news.abolish.capital to c/china@news.abolish.capital
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With the US cutting its tariffs on Chinese imports by 10 per cent – halving a duty initially imposed by Washington over allegations of complicity in the fentanyl trade – analysts said the reduction may further strengthen the competitiveness of Chinese exporters, particularly in mass-produced goods. Following a meeting on Thursday between President Xi Jinping and US President Donald Trump in South Korea, the world’s two largest economies reached a consensus on the issue, with the US agreeing to...

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