Reduced U.S. tariffs on Chinese imports took effect Monday following a trade agreement between President Donald Trump and Chinese President Xi Jinping late last month.
The deal means the U.S. will halve fentanyl-related tariffs from 20% to 10% against China — as the country committed to help stem the flow of fentanyl into the U.S. — bringing tariffs generally to 45%-47%.
“We agreed that he was going to work very hard to stop the flow [of fentanyl],” President Trump said after the two leaders met in South Korea. “You know, it’s a very complex subject because it’s used for lots of different reasons, including anesthetics and things, but he’s going to work very hard on it — precursors — and I think you’re going to see some real action taken.”
Meanwhile, China is suspending restrictions on

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