March 15, 2025
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4:15Now PlayingChina said it has forcefully cracked down on the fentanyl trade and condemned President Donald Trump’s tariffs, as the world’s two largest economies remain at odds over the conditions for any talks to cool tensions.
Officials from China’s Foreign Ministry and the Ministry of Public Security said in a briefing on Wednesday the country has achieved success in controlling the drugs and done all it can for the US. The officials asked not to be identified discussing sensitive matters.
A Foreign Ministry official said Beijing has done the US a favor and Washington should have said a “big thank you” instead of slapping levies on Chinese imports. He also called on the Trump administration to return to dialogue and expressed willingness to continue working with the US.
China Beige Book CEO Leland Miller explains why he believes China is better-prepared for a protracted trade war with the United States than during Trump's first term in office. Leland speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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