Beijing weighs fentanyl offer to US to start trade talks, according to WSJ sources
- Beijing is considering ways to address the Trump administration’s gripes over China’s role in the fentanyl trade, potentially offering an off-ramp from hostilities to allow for trade talks to start.
- Part of Beijing’s thinking involves dispatching Wang, who is the minister of public security and a senior leader within the State Council, China’s cabinet, to the US to meet with senior Trump officials, the people said, or have him meet with US officials in a third country.
- The discussions remain fluid, the people cautioned, while adding that Beijing would like to see some softening of stance from President Trump on his trade offensive against China as well.
Reaction details (17:19)
In response to the report, US equity futures caught a bid.
- E-Mini S&P 500 (M5) futures rose from 5,702 to 5,720.
02 May 2025 - 17:02- ForexImportant- Source: WSJ
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