Politics10/29/2025•Bloomberg

Trump Expects to Cut Fentanyl Tariff, Discuss Nvidia in Xi Talks

Trump Expects to Cut Fentanyl Tariff, Discuss Nvidia in Xi Talks

In a recent announcement, President Donald Trump stated that he expects to lower the tariffs imposed by the US on Chinese goods in response to the fentanyl crisis. Additionally, Trump plans to discuss Nvidia Corporation's flagship Blackwell artificial intelligence chip with Chinese President Xi Jinping during their upcoming meeting on Thursday. The meeting between the leaders of the world's two largest economies is aimed at easing the ongoing tensions between the US and China. The discussions are expected to cover a range of issues, including the trade dispute and the fentanyl crisis, as both sides seek to find common ground and find a resolution to the strained relations. The potential reduction in tariffs on Chinese goods related to the fentanyl crisis is seen as a positive step towards improving the economic and diplomatic ties between the two nations. The discussion on Nvidia's Blackwell chip is also likely to be a significant topic, as it highlights the technological competition between the US and China in the rapidly evolving field of artificial intelligence.

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