00:00It's Benzinga bringing Wall Street to Main Street.
00:02China may offer cooperation on fentanyl as a diplomatic icebreaker to restart trade talks
00:07with the U.S. following months of economic pain and escalating tariffs under Trump's second
00:11presidency. According to the Wall Street Journal, Beijing is considering setting security chief
00:16Wang Jiahong to meet U.S. officials, reflecting a shift in tone after previously demanding tariff
00:23relief as a precondition. President Trump boasts 20 percent tariffs on China early in his second
00:28term, citing its role in the U.S. drug overdose crisis. But Beijing dismissed the move as a
00:33pretext for broader trade aggression. Both countries have escalated tariffs, causing trade
00:38to collapse, fueling U.S. inflation, pushing China toward a deep recession. China's Commerce
00:44Ministry said it is reviewing ongoing U.S. messages, signaling a willingness to negotiate
00:49on tariffs. For all things money, visit Benzinga.com slash GSTV.
Comments