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US announces sweeping action against Chinese fentanyl supply chain producers
Wednesday, 4 October 2023
The Biden administration has announced indictments and sanctions against Chinese companies and executives involved in fentanyl trafficking. Eight Chinese companies have been charged with advertising, manufacturing, and distributing precursor chemicals for synthetic opioids like fentanyl. Additionally, the Justice Department has indicted 12 executives for their alleged roles in drug trafficking. The Treasury Department has imposed sanctions on 28 people and companies, cutting them off from the US financial system. The actions are part of the administration's efforts to combat the overdose crisis in the US, with Mexico and China being the primary sources of fentanyl.
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