US Slaps Sanctions On 3 Chinese Firms In Painkiller Crackdown
NDTV
The Treasury Department said it was imposing sanctions on four Chinese chemical companies and one individual, Chuen Fat Yip.
The United States on Wednesday imposed sanctions on Chinese painkiller makers, vowing to step up action over the addiction epidemic that kills hundreds of Americans daily.
The sanctions came under a new executive order by President Joe Biden that makes it easier for the United States to target foreign drug traffickers.
The actions "will help disrupt the global supply chain and the financial networks that enable synthetic opioids and precursor chemicals to reach the United States," Secretary of State Antony Blinken said in a statement.
The Treasury Department said it was imposing sanctions on four Chinese chemical companies and one individual, Chuen Fat Yip.
