Cuts to US ‘fentanyl tariffs’ help Chinese exporters gain on competition
AdvertisementChina exportsEconomyChina EconomyCuts to US ‘fentanyl tariffs’ help Chinese exporters close the gap on competitionAnalysts said the reduction in US tariffs creates space for Chinese producers to gain on Asian competitors – particularly in low-cost goods
Reading Time:3 minutesWhy you can trust SCMP1Alice LiandRalph JenningsPublished: 6:00am, 1 Nov 2025With the US cutting its tariffs on Chinese imports by 10 per cent – halving a duty initially imposed by Washington over allegations of complicity in the fentanyl trade – analysts said the reduction may further strengthen the competitiveness of Chinese exporters, particularly in mass-produced goods.
AdvertisementFollowing a meeting on Thursday between President Xi Jinping and US President Donald Trump in South Korea, the world’s two largest economies reached a consensus on the issue, with the US agreeing to remove half of its 20 per cent in fentanyl-related tariffs on China, effective immediately.
The 90-day pause on tariff inc..
