China claims fentanyl progress in trade call, sources say
U.S. and Chinese officials held a “working-level” call Thursday evening in which Beijing said it was making progress in restricting outbound fentanyl shipments, according to three sources familiar with the matter, homing in on a personal policy focus of President Donald Trump as it tries to get the White House to rollback tariffs.
In the call, these sources said, Chinese officials again reiterated a desire for relief on tariffs, with 15% tariffs set to hit $112 billion goods on Sunday, and existing tariffs to rise on an additional $250 billion in goods a month later.
It’s unclear whether President viewed the evidence China provided – which could not be learned by CNBC – as sufficient progress. As he departed the White House for Camp David on Friday evening, he told reporters the next round of tariffs is still on.
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