Latest news with #WangXiaohong
Wall Street Journal
09-05-2025
- Business
- Wall Street Journal
China Sends Xi's Security Czar to Trade Talks With U.S.
Chinese leader Xi Jinping is sending his top public-security aide to Switzerland as part of Beijing's trade talks with Washington, according to people familiar with the matter, signaling the importance of the fentanyl issue to bilateral relations. Wang Xiaohong, who is the minister of public security and a senior leader within the State Council, China's cabinet, will be part of the Chinese delegation led by Vice Premier He Lifeng, a trusted aide to Xi and a gatekeeper to the world's second-largest economy. They will meet with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer in Switzerland on Saturday and Sunday for high-stakes talks that could help determine whether both sides can walk back from the brink of sky-high tariffs.
NDTV
03-05-2025
- Business
- NDTV
Beijing Weighs Fentanyl Offer To US To Start Trade Talks: Report
Washington: Beijing is considering ways to address the Trump administration's concerns about China's role in the fentanyl trade, potentially providing an off-ramp from hostilities to allow trade talks to start, the Wall Street Journal reported on Friday. The paper cited unnamed people familiar with the matter as saying that Chinese Minister for Public Security Wang Xiaohong had been inquiring in recent days about what the Trump team wants China to do when it comes to the chemical ingredients used to make the potent drug fentanyl. The report said part of Beijing's thinking involved dispatching Wang to the U.S. to meet with senior officials of President Donald Trump's administration, or to have him meet with U.S. officials in a third country. It cited the sources as cautioning that the discussions remained fluid and that Beijing would like to see some softening of Trump's trade offensive against China. The White House and China's Washington embassy did not immediately respond to requests for comment. The report came after the Chinese Commerce Ministry said it was evaluating an offer from Washington to hold talks over Trump's 145% tariffs on China, although it warned the U.S. not to engage in "extortion and coercion." Trump has linked the U.S. trade war with China, which has roiled global markets and upended supply chains, to the fentanyl crisis killing large numbers of Americans. Washington says Chinese chemical manufacturers and exporters provide most precursor chemicals used by drug cartels to produce synthetic opioids, the cause of nearly 450,000 U.S. overdose deaths. China has long defended its tough drug laws and record of cracking down on smugglers, and says the U.S. must get a handle on its own addiction crisis. Trump said on Wednesday he believed there was a "very good chance" his administration could do a deal with China, hours after Chinese President Xi Jinping called on officials to take action to adjust to changes in the international environment, without explicitly mentioning the United States. Sources told Reuters last month that the Trump administration had engaged in direct talks with Chinese counterparts, mostly between the top staff at the Chinese embassy in Washington and the U.S. National Security Council. However, the sources said the talks had not yielded results and American negotiators have accused the Chinese of failing to negotiate in good faith. On Friday, the Trump administration ended U.S. duty-free access for low-value shipments from China and Hong Kong, removing the "de minimis" exemptions used by Shein, Temu and other e-commerce firms, as well as by traffickers of fentanyl and other illicit goods.
The Star
03-05-2025
- Business
- The Star
China weighs fentanyl offer to US to start trade talks, WSJ reports
WASHINGTON: Beijing is considering ways to address the Trump administration's concerns about China's role in the fentanyl trade, potentially providing an off-ramp from hostilities to allow trade talks to start, the Wall Street Journal reported on May 2. The newspaper cited unnamed people familiar with the matter as saying that Chinese Minister for Public Security Wang Xiaohong had been inquiring in recent days about what the Trump team wants China to do when it comes to the chemical ingredients used to make the potent drug fentanyl. The report said part of Beijing's thinking involved dispatching Wang to the US to meet with senior officials of President Donald Trump's administration, or to have him meet with US officials in a third country. It cited the sources as cautioning that the discussions remained fluid and that Beijing would like to see some softening of Trump's trade offensive against China. The White House and China's Washington embassy did not immediately respond to requests for comment. The report came after the Chinese Commerce Ministry said it was evaluating an offer from Washington to hold talks over Trump's 145 per cent tariffs on China, although it warned the US not to engage in "extortion and coercion." Trump has linked the US' trade war with China - which has roiled global markets and upended supply chains - to the fentanyl crisis killing large numbers of Americans. Washington says Chinese chemical manufacturers and exporters provide most precursor chemicals used by drug cartels to produce synthetic opioids, the cause of nearly 450,000 US overdose deaths. China has long defended its tough drug laws and record of cracking down on smugglers, and says the US must get a handle on its own addiction woes. Trump said on April 30 he believed there was a "very good chance" his administration could do a deal with China, hours after Chinese President Xi Jinping called on officials to take action to adjust to changes in the international environment, without explicitly mentioning the United States. Sources told Reuters in April that the Trump administration had engaged in direct talks with Chinese counterparts, mostly between the top staff at the Chinese embassy in Washington and the US National Security Council. However, the sources said the talks had not yielded results and American negotiators have accused the Chinese of failing to negotiate in good faith. On May 2, the Trump administration ended US duty-free access for low-value shipments from China and Hong Kong, removing the "de minimis" exemptions (the value below which imported goods are exempt from duties and taxes) used by Shein, Temu and other e-commerce firms, as well as by traffickers of fentanyl and other illicit goods. - Reuters
Yahoo
02-05-2025
- Business
- Yahoo
Chinese official reportedly seeking talks with Trump on fentanyl ingredients amid trade war
A top Chinese government official is asking what the Trump administration wants the communist nation to do about chemicals used to make fentanyl amid an ongoing trade war between the world's two largest economies. Wang Xiaohong, China's minister of public security, has been making inquiries about what Trump wants China to do about the fentanyl issue over the last few days, The Wall Street Journal reported Friday. Chinese companies produce precursors, large quantities of chemicals that eventually flow to Mexican drug cartels, which then make fentanyl and smuggle it into the United States. On Trump's 100Th Day, Chinese Communist Regime Declares It Will 'Never Kneel' To U.s. Pressure In Fiery Video Beijing could possibly have Wang meet with senior Trump administration officials in a neutral country, the newspaper reported. Trump has tried to persuade China, Mexico and Canada to do more to combat the flow of fentanyl into the U.S. Read On The Fox News App Trump Says Tariffs Are Incentivizing Us Investment, Hurting China "China has consistently failed to take meaningful steps to stem the flow of precursor chemicals to known illicit drug producers," the White House told Fox News Digital. "Most governments could do so through regulation and enforcement – this is especially true for an authoritarian state like China." Upon taking office, Trump imposed 20% tariffs on China over its role in the fentanyl epidemic in the U.S., which kills tens of thousands of Americans every year. Since then, Trump has increased tariffs on China to 145%, while Beijing has retaliated with 125% tariffs on American article source: Chinese official reportedly seeking talks with Trump on fentanyl ingredients amid trade war
Fox News
02-05-2025
- Business
- Fox News
Chinese official reportedly seeking talks with Trump on fentanyl ingredients amid trade war
A top Chinese government official is asking what the Trump administration wants the communist nation to do about chemicals used to make fentanyl amid an ongoing trade war between the world's two largest economies. Wang Xiaohong, China's minister of public security, has been making inquiries about what Trump wants China to do about the fentanyl issue over the last few days, The Wall Street Journal reported Friday. Chinese companies produce precursors, large quantities of chemicals that eventually flow to Mexican drug cartels, which then make fentanyl and smuggle it into the United States. Beijing could possibly have Wang meet with senior Trump administration officials in a neutral country, the newspaper reported. Trump has tried to persuade China, Mexico and Canada to do more to combat the flow of fentanyl into the U.S. "Fentanyl can be the icebreaker for the two countries to start with a more positive tone," Yun Sun, director of the China program at the Stimson Center, a Washington think tank, told the news outlet. "Both sides are eager to get some negotiations started." Upon taking office, Trump imposed 20% tariffs on China over its role in the fentanyl epidemic in the U.S., which kills tens of thousands of Americans every year. Since then, Trump has increased tariffs on China to 145%, while Beijing has retaliated with 125% tariffs on American goods.
