US President Donald Trump said on Thursday that the tariff on Chinese exports to the US will go up to 157 percent, "which is record-setting territory," starting in November 2025.

During a press interaction at the White House, Trump said the first question he would ask the Chinese President would be about fentanyl.

Trump is meeting Xi Jinping in Busan, South Korea, next Thursday, October 30, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit.

The US President accused China of using Venezuela as a transit point for fentanyl, evading US and Mexican port controls.

When asked if China is smuggling fentanyl into the US via Venezuela, Trump said, "They are doing that. But they are paying a 20% tariff right now because of fentanyl."

He said China loses $100 billion with t

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