Donald Trump said he expects to lower the tariffs the US has imposed on Chinese goods over the fentanyl crisis and speak with China’s Xi Jinping about Nvidia Corp.’s flagship Blackwell artificial intelligence chip, as leaders of the world’s biggest economies seek to ease tensions in a meeting on Thursday.

“I expect to be lowering that because I believe they’re going to help us with the fentanyl situation,” Trump told reporters on Air Force One as he headed to South Korea on Wednesday, a day before he’s slated to meet with China’s president.

Trump said he expected Beijing would be “doing things” and work with him directly to address the export of precursor chemicals critical to manufacturing fentanyl. He didn’t provide further details on the magnitude of the tariff reduction.

The Wall St

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