China says fentanyl issue is not their responsibility

Well, it was noted yesterday here how China avoided mentioning the fentanyl issue in their communication/statement and now we’re starting to see why. That comes despite the many comments by Bessent that China had supposedly come to understand the US’ position on the matter over the weekend.

The Chinese foreign ministry was asked today whether fentanyl would be discussed in trade talks moving forward. And their response is that fentanyl is a US issue and the responsibility for tackling that lies within the US itself. Adding that the 20% tariffs imposed on China due to the matter is “unreasonable”. Only one day gone and a chink in the armor already? Hmm.

This article was written by Justin Low at www.forexlive.com.