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Global Business News

The Economic Times

Global Business / The Economic Times

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POTUS: China is paying substantial tariffs, but we didn't discuss levies

While Trump maintained the leaders this week spoke about almost everything you can discuss, except for a reduction of tariffs, he did allow that the two sides outlined efforts to reduce the flow of precursor chemicals used in the production of fentanyl. Trump has cited fentanyl flows in imposing some of the levies he placed on China.

16 May 2026 12:31 am