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Trump says Xi Jinping will help fight fentanyl. Will China follow through?

Mint Kolkata

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November 04, 2025

For years, the U.S. and China have been locked in a pattern on the deadly issue of fentanyl. The White House pressures Beijing to stop Chinese companies from exporting chemicals used to make the drug to Mexico. Beijing takes incremental steps in exchange for Washington dialing down economic pressure-only for China to drag its feet when relations deteriorate.

- Brian Spegele & Santiago Pérez

Trump says Xi Jinping will help fight fentanyl. Will China follow through?

Getting China's cooperation has been a recurring challenge for U.S. presidents.

(AF)

President Trump, after a summit on Thursday with Chinese leader Xi Jinping, said tariffs he had imposed on China over its role in the fentanyl trade would be lowered to 10% from 20% because of Beijing's "very strong action" in cracking down and Xi's commitment to do more.

It was the latest U.S. bid to win China's help to stem a scourge that has killed hundreds of thousands of Americans.

The challenge now for Trump is to make sure that China takes action—and sustains its cooperation, particularly when Beijing has consistently pushed back against U.S. tariffs.

A White House official said that the Trump administration will be setting up working groups with Chinese officials in the coming weeks to set objective measures and ensure that all sides live up to their commitments. China's Foreign Ministry also said China would work with the U.S. to implement the agreement to strengthen cooperation in the field of drug control.

China's main connection to the opioid crisis is as the source of the chemicals, known as precursors, used by Mexican cartels that produce fentanyl and smuggle the drug into the U.S. But while Trump has leaned on Mexico to mobilize law enforcement, convincing Beijing that it is in China's interests to crack down is more difficult.

China calibrates its cooperation on counternarcotics in response to the overall U.S. relationship, said Vanda Felbab-Brown, a counternarcotics expert at the Brookings Institution.

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Mint Kolkata

Indian IT slashes spending on lobbying in the US

Indian IT slashes spending on lobbying in the US had incurred lobbying costs of $90,000 in 2022 as against $210,000 in 2020. It has not employed any lobbying services since 2022.

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Apple’s 5th India store to open in Noida soon

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Fiscal deficit widens on higher capex, lower tax

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'The Family Man' S3: Agent down

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time to read

4 mins

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Fiscal deficit up on capex, lower tax

during the period, or 55.1% of the annual estimate for FY26, compared to %4.67 trillion or 42% ofthe annual estimate during the year-ago period.

time to read

1 min

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Equity treatment for Reits from 1 Jan

From 1 January 2026, any money put into Reits (real estate investment funds) by mutual funds and specialized investment funds (SIFs) will be treated as equity-linked investments.

time to read

1 min

November 29, 2025

Mint Kolkata

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Former DBS CEO is Temasek India’s new non-exec chair

Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.

time to read

1 mins

November 29, 2025

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