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China Offers to Address Fentanyl Crisis in US Trade Talks

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With both sides engaged in negotiations, a new report suggests China has offered to address the ongoing fentanyl crisis to revive US trade talks. Indeed, Beijing is reportedly exploring ways to address the Trump administration’s concerns over China’s role in the drug trade, according to the Wall Street Journal. Both sides are currently facing off in a tariff war as geopolitical tensions reach a fever pitch. A recent report suggests that both sides are willing to engage in negotiations to eliminate the reciprocal import duty increases that have set the stage for a potential trade war. JUST IN: China offers to address US fentanyl concerns to revive trade talks. — Watcher.Guru (@WatcherGuru) May 2, 2025 Also Read: China Evaluates US Talks as 125% Tariff Clock Ticks Down China Offers to Address Fentanyl Concerns From Trump Administration in Revived Trade Talks For the last month, all eyes have been on the ongoing tensions between the US and China. Indeed, the nations are engage...

Bitcoin makes IMF hesitant to issue new loans to El Salvador

IMF Communications Director Julie Kozack reiterated today that “addressing risks arising from Bitcoin is a key element of these discussions” in reference to negotiations between El Salvador and the IMF regarding a loan program. El Salvador is still heavily indebted, and Bitcoin is not helping the country refinance its debts with the International Monetary Fund (IMF). According to the IMF, its member countries should not grant crypto assets official currency or legal tender status.  El Salvador did not follow those instructions. After El Salvador, IMF mighty worried about more nations adopting Bitcoin Read more: El Salvador Bitcoin agency reportedly made $235 this year, $7M off target As of June 30, the country owed a relatively manageable $188 million (143.6 milion SDRs valued at $1.31534 apiece) in outstanding debt to the IMF. Although the figure is relatively small for a sovereign nation, credibility with the IMF is critical to El Salvador for its refinancing of existing...