WTO Warns of Potential 80% Drop in US-China Trade Amid Rising Tensions

The United States has intensified its accusations against China regarding its alleged complicity in the fentanyl crisis, which is responsible for tens of thousands of deaths annually. As fentanyl, a synthetic opioid 50 times more potent than heroin, continues to wreak havoc, US President Joe Biden's administration has imposed sanctions on over two dozen Chinese entities linked to narcotics trafficking. According to the US Drug Enforcement Administration, China remains the primary source of fentanyl-related substances entering the US market.
Despite Beijing's claims of having implemented stricter controls since 2019, analysts assert that trafficking has merely shifted to using Mexico as a transit point. Chemical precursors for fentanyl are reportedly shipped from China to Mexico, where they are synthesized before being smuggled into the US. In an effort to address the crisis, talks between the US and China are slated to resume following a recent summit between Biden and Chinese President Xi Jinping. However, experts caution that meaningful progress may hinge on the state of bilateral relations and domestic enforcement within China.