मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

Fentanyl Crisis Provided Opening for Trade Talks Between U.S. and China

Mint Mumbai

|

May 09, 2025

Planned meeting in Switzerland to be first direct talks over trade during Trump's second term

- Lingling Wei, Brian Schwartz & Alex Leary

Fentanyl Crisis Provided Opening for Trade Talks Between U.S. and China

Beijing's outreach to Washington over fentanyl created an opening for trade talks between the two nations, according to people in both capitals who are familiar with the matter, paving the way for a bilateral meeting in Switzerland this weekend.

For weeks, the U.S. and China have been looking for ways to walk back from what were essentially tit-for-tat trade embargoes. The Chinese in late April sent the Trump administration questions seeking clarity on how the president wants China to crack down on trafficking of the chemical ingredients used to make fentanyl, the people said. In response, the White House gave Beijing a list of suggestions.

Chinese leader Xi Jinping's security czar, Wang Xiaohong, had privately expressed interest in further engaging with Trump officials to address the issue by potentially meeting with them in the U.S. or another country.

The Trump team's list included a request that Beijing send a strong message to those involved in trafficking the chemicals, known as precursors, according to the people familiar with the matter. Such messages could involve warnings of severe punishment. Precursors produced by Chinese companies, often sold over the internet, flow from China to criminal groups in Mexico and elsewhere that produce fentanyl and traffic it into the U.S.

Now both sides are readying for what will be the first direct talks over trade between senior officials on both sides during President Trump's second term.

"The United States has been clear about our expectations with regards to stopping the flow of chemical precursors from China to illicit drug producers in Mexico," National Security Council spokesman James Hewitt said. A White House spokesperson didn't respond to a request for comment.

A positive step

Mint Mumbai से और कहानियाँ

Mint Mumbai

Mint Mumbai

Paras Defence eyes govt’s drone jammer buy

The Indian Army is set to procure sophisticated portable drone jamming technology, capable of taking down combat drones in a 3km radius, from Paras Defence and Space Technologies Ltd.

time to read

1 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Warning issued on fake air-bag parts that can explode and kill in a crash

Tworecent fatal accidents Tinvolving Chinese-made air bag parts are renewing warnings from regulators over counterfeit components that can explodeduringa crash.

time to read

3 mins

September 23, 2025

Mint Mumbai

Stay alert to turbulence on India’s external front

An H-1B visa barrier that squeezes talent supply to the US could join other forces to put our balance-of-payments at some extra risk. Capital controls may need to tighten temporarily

time to read

2 mins

September 23, 2025

Mint Mumbai

TruAlt, Matrix Geo IPOs this week

Biofuels producer TruAlt Bioenergy Ltd on Monday fixed a price band of ₹472 to ₹496 per share for its upcoming ₹839-crore initial public offering (IPO) which will open for subscription on 25 September and conclude on 29 September.

time to read

1 min

September 23, 2025

Mint Mumbai

Pfizer to buy Metsera for $4.9 bn

fizer Inc. agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billionasit secksto catch up ina booming market after terminating the development ofits own weight-loss pill for safety reasons

time to read

1 min

September 23, 2025

Mint Mumbai

Mint Mumbai

For therapists, Al is just first aid

As people turn to Al for mental health support, experts warn against overuse and suggest treating it as just a first step

time to read

4 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Biz gets GST push as govt engages public

Price cuts tempt buyers; PM, ministers take GST gains to people

time to read

5 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

PhonePe’s revenue jumps, loss narrows

Digital payments company PhonePe reported revenue in excess of ₹7,000 crore and a reduction in losses for FY25, according to its filings with the ministry of corporate affairs (MCA).

time to read

1 min

September 23, 2025

Mint Mumbai

Mint Mumbai

Why IPO-bound Tata Cap plans to up used vehicle loans

As it prepares to go public next month, Tata Capital Ltd plans to reduce its reliance on financing new vehicles and increase the share of advances for used automobiles to mitigate the higher cost of bad loans it inherited from Tata Motors Finance Ltd.

time to read

2 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Startups, VCs rush to digitize India's mutual fund sellers

Startups are rushing to build technology for India's swelling army of mutual fund distributors (MFDs), a segment that is rising alongside the nation's roaring asset management industry.

time to read

2 mins

September 23, 2025

Listen

Translate

Share

-
+

Change font size