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U.S. President Donald Trump announced that he may reduce fentanyl-related trade tariffs on China as part of upcoming discussions with Chinese President Xi Jinping. Speaking aboard Air Force One, Trump stated, “I expect to be lowering that because I believe they’re going to help us with the fentanyl situation.” While he did not elaborate on the specific measures, Trump emphasized that fentanyl control will be a key topic during the meeting.
According to reports, the leaders are expected to discuss easing tariffs if China intensifies its crackdown on the export of chemicals used to produce fentanyl, a synthetic opioid contributing to the ongoing U.S. drug crisis. Trump is reportedly considering cutting the existing 20% fentanyl-related tariff in half if China cooperates, potentially reducing overall U.S. tariffs on Chinese goods to around 45% from 55%.
The meeting between Trump and Xi is scheduled to take place in South Korea on Thursday, marking a crucial step toward reducing trade tensions between the two largest global economies. Trump’s Asia tour, which includes meetings with regional leaders such as Japanese Prime Minister Sanae Takaichi, focuses on addressing economic partnerships and regional security concerns.
Earlier this year, Trump imposed a 20% tariff on China, accusing Beijing of enabling the export of illegal fentanyl shipments to the U.S. He also extended similar penalties to Canada. The proposed tariff reduction comes amid broader trade friction, following Trump’s recent threat to increase tariffs on Chinese rare earth exports to 100%.
Trump’s latest remarks signal a potential shift toward cooperation, as the U.S. seeks China’s assistance in curbing the flow of fentanyl and stabilizing trade relations. The outcome of his meeting with Xi could shape the next phase of U.S.-China economic diplomacy and opioid enforcement efforts.
