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Xi must stop fentanyl flow before tariff talks, Trump ally says

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An American senator said China must halt the flow of fentanyl ingredients into the U.S. before any trade negotiations, a demand that clouds the prospect of imminent leaders’ talks to ease tensions between the world’s two largest economies.

Steve Daines, a close ally of President Donald Trump, laid out the condition in meetings with Chinese officials in Beijing over the weekend. The Republican lawmaker said he hopes a leadership meeting will take place before the end of the year, although Trump previously said it would happen soon.

“It’ll be difficult to have any conversation about tariffs and non-tariff barriers until the fentanyl precursor issue is resolved,” Daines said in a telephone interview with Bloomberg News on Sunday. 

The Montana senator, who was an intermediary for Trump during his first trade war with China, met with Chinese leaders including Premier Li Qiang over the weekend. He didn’t meet with President Xi Jinping, who in 2023 sat down with then-Senate Majority Leader Chuck Schumer, who led a bipartisan delegation to Beijing, and California Governor Gavin Newsom on separate occasions.

While he called his conversation with Li constructive, Daines emphasized a request that Beijing may find hard to fulfill just days before fresh U.S. trade actions.

“I made it clear that President Trump needs to see China take decisive actions to stop the flow of fentanyl precursors, not to slow down the flow but to stop the flow,” Daines said.

That contrasts with China’s claim that it has already forcefully cracked down on the fentanyl trade. Beijing said earlier this month that it had done all it can for the U.S. and Washington should have said a “big thank you” instead of slapping levies on Chinese imports.

“The calendar is working against a meeting,” said Dexter Roberts, a nonresident senior fellow at the Atlantic Council Global China Hub and instructor in Chinese politics at the University of Montana. “As tariffs ratchet up on both sides, the likelihood of a Xi-Trump meeting only fades.”

Communist Party officials met with Daines and global CEOs days before an April 1 deadline for a U.S. review of Beijing’s trade compliance and Trump’s plans to impose reciprocal duties globally the day after.

China is likely to retaliate against any new trade curbs from the US, as it did after Trump imposed a new 10% tariff on Chinese goods in February and added another 10% in March. China struck back with levies on a slew of U.S. farm products and suspended soybean imports from three US entities.

Xi visit

The U.S. president has repeatedly signaled a willingness to meet Xi, saying last week that the Chinese leader will visit Washington in the “not too distant future,” though Beijing responded by saying it had “no information” to share.

U.S. Secretary of State Marco Rubio later poured cold water on the idea of an imminent Xi-Trump meeting, saying it would require a reason and none was scheduled.

“There’s a desire from both sides to have the high-level meeting. There’s just isn’t a date yet,” Daines said. 

Wu Xinbo, director at Fudan University’s Center for American Studies in Shanghai, said Daines’ visit is a positive step for bilateral ties even if a Xi-Trump sitdown isn’t on the horizon.

“The urgent thing is that the two sides should start to talk and negotiate in the next one week or two, so that we can avoid further escalation of tensions in early April,” Wu said. “The summit will be the outcome of the process rather than the beginning of the process.”

Chinese officials have said the U.S. hasn’t outlined detailed steps expected to remedy its role in the illegal fentanyl trade, which Trump cited as the reason for tariffs. Trump’s team rejected that assertion, saying they expect the People’s Daily newspaper to run a front-page article condemning the fentanyl trade and Beijing to hand the death penalty to smugglers.

CEO huddle

Li said during his meeting with Daines on Sunday that no country’s development and prosperity can be achieved by imposing tariffs, but only by opening up and cooperation, according to the official Xinhua News Agency. Li reiterated that there is no winner in a trade war, and said that he hoped the U.S. and China can communicate frankly, build trust and deepen practical cooperation.

Daines, who worked in China and Hong Kong in the 1990s as an executive for Procter & Gamble Co., was joined in his meeting with the Chinese No. 2 by top U.S. executives visiting Beijing for the annual China Development Forum. They included FedEx Corp. CEO Raj Subramaniam and Boeing Co. Senior Vice President Brendan Nelson, along with top officials from Cargill Inc., Pfizer Inc. and Qualcomm Inc.

China’s Vice Premier He Lifeng met on Sunday with heads of multinational corporations including Apple Inc., Brookfield Corp, Medtronic Plc, Mastercard Inc., Eli Lilly & Co, and Corning Inc., according to a statement. The Chinese official said his country welcomes the company to expand investment and vowed to improve the business environment.

In addition to fentanyl, Daines said he also raised the issue of expired export licenses for U.S. beef producers that require renewal. 

Daines also said he’d like to arrange a bipartisan delegation of U.S. senators to China later this year after David Perdue is confirmed as ambassador to the country. Perdue once worked in Singapore and Hong Kong helping American firms source cheap labor in Asian countries before switching to politics.

This story was originally featured on Fortune.com



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68% of parents with children under 6 say their kids need a ‘detox’ from technology. Here’s why that’s scary, say experts

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The combination of kids and too much screen time comes with no shortage of worries: cognitive delays, executive functioning issues, and higher rates of depression, anxiety, and insomnia are all associated with letting little eyes on smartphones, tablets, or other screens too early and too often. 

Still, the research—as well as dire warnings, issued by everyone from the American Academy of Child & Adolescent Psychiatry to social psychologist and author Jonathan Haidt, who pleads for no smartphones before high school—still goes ignored by many parents. 

Sixty percent, in fact, say their children started using technology before they could read, according to the findings of a Harris Poll commissioned by Bright Horizons, the national early education company. And nearly three-quarters (73%) admit their children could use a “detox” from technology, including 68% of parents with kids under 6. 

Screen time recommendations from the American Academy of Pediatrics (AAP) says it should be extremely limited for children under 2, and then only if co-viewed with an adult who can talk and teach alongside the program. “Children younger than 2 learn and grow when they explore the physical world around them. Their minds learn best when they interact and play with parents, siblings, caregivers, and other children and adults,” the guidance notes. 

For those 2 to 5, meanwhile, screen use should be limited to an hour a day, and should mostly (or only) consist of two-way video chats or an educational show like Sesame Street. 

But according to data from Common Sense Media, kids under 2 are watching just over an hour a day, while kids 2-4 are watching for two hours and eight minutes daily.

Why aren’t parents heeding the warnings, particularly since 49% say they are concerned for their children’s mental health, according to the Bright Horizons report, and 42% worry about the amount of screen time their kids engage in?

Part of it appears to be desperation—as 55% of parents said they use screens as a bargaining chip to get their kids to do chores or homework, while an even higher percentage (58%) say they often rely on screens to keep their children quiet while shopping or dining out. 

Also, as psychologist Becky Kennedy, aka Dr. Becky, previously told Fortune, this is uncharted territory.  “I don’t think parenting has ever come naturally,” she says. “But the idea that parenting would be natural in a digital world with all of this stuff available to our kids is at best a joke—and at worst, a way to purposely make parents feel awful about themselves.” She stressed that parents should not beat them themselves up over it all. And the more we are immersed in our own phones, she explained, the harder it is for us to set boundaries for our kids.

Still, said Kennedy, who partnered with Haidt to create a guide for parents looking for help with kids and screen time, the potential cost of not setting such boundaries “has never been higher.” 

It’s why Rachel Robertson, Bright Horizons Chief Academic Officer, finds the new survey’s findings so worrisome, and stresses that it’s important to “think about playing the long game” when it comes to child development.

Risks with too-early, too-much screen time for little kids

“We are helping these little people develop the foundation they need for the rest of their lives,” Robertson says. “They are going to be future adults. What do children need now in their development, in the amazing first five years of life, that will prepare them to thrive for the rest of their life? Screens do not add to any of that early development—and in fact, they can really detract from it, and we can’t get that time back.”

For example, says Robertson, an early-education expert, if you take your little kid to the grocery store and they are starting to fuss while sitting in the shopping cart, you might give them a screen as a distraction. “It certainly helps them, in the moment, to calm down. But long-term, they have missed an opportunity to develop regulation skills, to manage emotions, and to build their executive function to persist through waiting times,” she explains. 

Providing that easy out with a screen, she says, does not build the foundational cognitive and social emotional skills they need and which they will rely on for the rest of their lives. Doing it once or twice is not a big deal, she says—but using a screen as a distraction every time at the store “will have a significant developmental impact for children.” She also points to the work of Haidt, who highlights a range of studies showing that anxiety and other social, emotional, and mental health issues, particularly in teens, are related to long-term screen use.

A body of science supports that, in order to develop cognitive, language, and other skills, young children need to experience the world hands-on, explains Robertson, such as through playing with toys or interacting with caregivers. Watching screens leaves them less available to interact or hear words, raising the possibility of language, cognitive, or social delays, found a recent study

Another study found that preschoolers who had more screen time than recommended by the APA had lower development in the part of the brain supporting language and early literacy skills, while yet another found the more time a 1-year-old spent watching screens, the more likely they would have communication and problem-solving delays at ages 2 to 4. 

Below, Robertson offers tips about how parents can begin to rely less on devices with their kids.

Be intentional

One problem Robertson has witnessed is what she calls a “lack of intentionality.” When there are screens built into grocery carts and the back of taxis and the seats of airplanes, she says—or even in your hand as you simultaneously scroll and hold your kid—“you can very easily have your child exposed to an incredible amount of screen time without making intentional decisions about it. You actually have to make intentional decisions for them not to be exposed to it.” 

And it just takes a bit of creativity to avoid screens with your little one, she says—like gathering an interesting array of knicknacks, like plastic bottles, action figures, and paper and crayons, into a bag to keep in the car. “Then, when you have to wait somewhere, that special bag comes out, and you can see what creative things can happen,” she says. “There’s a reason kids like the cardboard box” instead of the toy, she adds. “It’s so open-ended and creative.”

Another simple trick is to just have a couple little old-fashioned games that you initiate when needed—“Simon Says” or a color or shape hunt or “I Spy” contest when you’re in a supermarket or in the car or a waiting room, for example. And don’t forget books. 

“Children really like repetition, like with the same book over and over again,” she says. “They love to be able to start to predict. They build confidence from that. They feel safe from that, and their imagination can explore from that.”

Help kids use screens for specific purposes

Robertson is not saying to never let your kid use a screen again. But how it’s used is important, she stresses.

Let’s say you’re rushing to cook dinner after a frazzled day at work. While getting your kid involved with measuring ingredients is a great way to engage them, it might be too much for the moment. Instead, let them use a screen to find something out—to discover a recipe for spaghetti sauce, for example. The assignment will not only keep them busy while you chop, it’ll actually be helpful with its answer.

“Then they’re researching and they’re critical thinkers, using technology for a purpose, and then they can contribute,” she says. “So that’s a great use of technology, and I think it allows them to still use it—not as an entertainment device, but as a tool. And that’s really what all technology should be: a tool.”

This story was originally featured on Fortune.com



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$3,000 an hour: Is executive coaching worth the hype—or just hype?

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For years, top corporate leaders have relied on executive coaches to overcome personal challenges, sharpen leadership strategies, and improve both individual and organizational performance. But with coaching typically ranging from $200 to $3,000 hourly, a key question remains: Are executive coaches truly worth the investment?

According to leadership experts and seasoned coaches, the answer is yes—but only when approached with clear objectives, personal accountability, and guidance from a trusted, experienced professional.

At its best, coaching offers far more than advice. It provides a structured, outside perspective that helps leaders deepen their self-awareness, refine decision-making, and develop more effective communication. 

“Leading teams well is not something that is automatically understood,” says David Peck, global lead of Heidrick & Struggles’ executive coaching practice. “At its best, executive coaching enables a leader to identify where—and importantly how—they need to sharpen, fine-tune, or modify their mindset and behavior in ways that can make significant changes.”

Coaches can be especially valuable for those on the path to the C-suite. Leadership experts say it enhances transition readiness, builds emotional intelligence, and broadens one’s strategic vision. “You need someone giving you that new way of seeing and doing things,” says Liz Bentley, founder of Liz Bentley Associates, an executive leadership coaching firm. 

Many chief executives credit coaching as pivotal to their professional ascent. Former Google CEO Eric Schmidt once called hiring a coach, whom he met with weekly for about 15 years, was the best professional decision he ever made. Amazon founder Jeff Bezos and Microsoft founder Bill Gates have similarly touted the value of outside counsel when navigating high-stakes leadership moments.

While the return on coaching is often qualitative and individualized, research suggests  the payoff can be significant. In a  2019 survey by management consulting firm FMI, 87% of respondents said they saw a significant return on investment from executive coaching. 

The market for coaching services has expanded rapidly in recent years. Between 2019 and 2022, the number of leadership coaches grew by 54%, and the industry’s annual revenue reached nearly $4.56 billion, according to a 2023 International Coaching Federation global coaching study. But that growth has also created a crowded, inconsistent landscape. Aside from certification from the ICF, there’s no universal licensing body or set of credentials—making it difficult to distinguish seasoned professionals from self-appointed “gurus.”

“Credentialing is a diluted proxy for relevant experience and skill,” warns Dennis Baltzley, Korn Ferry’s global head of leadership development solutions. What truly matters, he says, is real-world experience and demonstrated success.

Gary Rich, founder of Rich Leadership and a former CEO, agrees. “Nobody knows who’s the snake oil salesman,” he says.

His advice: Vet coaches through trusted referrals, check past clients, and align on coaching style. Some leaders want a thought partner. Others need a truth-teller who won’t hesitate to call out poor leadership habits.

Above all, Rich emphasizes real-world leadership experience. “If the coach you’re looking at is someone who has run a billion-dollar business, has had thousands of people that are working for them, has managed a large system, then they at least know what it was like.” 

Still, coaching alone isn’t a magic fix. Experts stress the importance of entering the process with clear goals and a growth-oriented mindset. “Frankly, most coaches are [hired] because someone is unhappy at their job,” says Shawn Cole, president of Cohen Partners Executive Search. “If it’s not driven by a desire for real leadership development, the coaching can devolve into therapy.”

Ultimately, coaching delivers the strongest returns when it’s used intentionally: to grow, not just to cope. And in today’s complex business landscape, that clarity may be the most valuable leadership tool of all.

This story was originally featured on Fortune.com



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The biggest losers of Trump’s tariff wars with Canada could be the states who helped elect him, new analysis finds

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