Showing posts with label fentanyl opioid drug. Show all posts
Showing posts with label fentanyl opioid drug. Show all posts

Tuesday, May 13, 2025

Is the U.S. Looking to Hurt China?

©iStock/Rawf8
Under the new agreement, the US is reducing the "reciprocal" tariff on Chinese goods that it announced on "Liberation day" to 10%. But it said the higher levy rate was being suspended for 90 days, rather than removed permanently.

The US is also keeping in place the extra 20% tariff aimed at putting pressure on Beijing to do more to curb the illegal trade in fentanyl, a powerful opioid drug.

Is the U.S. looking to hurt China?