-5.4 C
Ottawa
Tuesday, February 3, 2026

Explainer: How Secret Chinese Networks Move Billions Through US Banks

Date:

|

Updated:

For years, the Chinese communist regime has been accused of fueling the fentanyl epidemic in the United States, a claim that gained renewed attention when President Donald Trump imposed tariffs on goods from China as well as Mexico and Canada, citing their role in the drug crisis.

Most fentanyl entering the United States is produced in Mexico using chemical precursors imported from China. According to a February White House press release, the Chinese Communist Party (CCP) actively supports these operations through tax rebates and grants, and holds stakes in companies involved in trafficking fentanyl and its precursors.

spot_imgspot_imgspot_img

Share post:

More like this
Related

French Police Raid Xs Paris Office, Prosecutor Summons Musk

(Left) SpaceX, Twitter and electric car maker Tesla CEO...

Chinese Wind-Turbine Maker Goldwind Hit by EU Anti-Subsidies Probe

A ship loaded with wind turbine parts made by...

Chinas Anti-Corruption Drive Deepens as Xi Moves to Secure Continued Rule

A wave of senior civilian and military purges points...

REPLAY: IRF Summit 2026 Holds Discussion on When Freedom of Religion or Belief Red Flags Become Normalized

LikeSaveCommentDonateLive ChatSubscribeREPLAY: IRF Summit 2026 Holds Discussion on When...