Senior WH Official: China is "absolutely committed" to cooperating with US on illicit fentanyl curbs
|A senior White House official was quoted by Reuters on Thursday, as saying that he believes China is "absolutely committed" to cooperating with the US on curbing illicit fentanyl.
Key Quotes (via Reuters):
"I am absolutely convinced the Chinese, starting with President Xi (Jinping) down through the Minister of Public Security Zhao, are absolutely committed to doing this."
"I fully believe that what we learned on this trip is that the Chinese government, the Chinese people, are committed to this issue, both to save lives in the United States, but also to save lives in China. I believe that."
- China: It is not the main source of fentanyl to the US
- China’s Amabassador to US: China launched a nationwide campaign to crack down on online sales of Fentanyl
The above piece of news is likely to add to the renewed optimism on the US-China trade front, especially in light of the US President Trump’s latest remarks.
Despite the trade optimism, the market mood remains edgy on latest US political turmoil, as a majority of the US House now backs impeachment proceedings against Trump - Politico.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.