-6.3 C
Ottawa
Saturday, December 20, 2025

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.

About the author: Emel Akan
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

UK Must Stop Dragging Heels Over China Threat: Parliament Intelligence Committee Report

Union Jack flags are displayed at a souvenir stall...

H3N2 Influenza Virus Surges in China, Death Toll Rises

H3N2 Influenza Virus Surges in China, Death Toll RisesChina...

Chinese Researcher Charged With Smuggling E. Coli Into the US

A lab technician holds a bacteria culture that shows...

Las Vegas Locals Say Hidden Fees, Less Value Are Driving Away Tourists

|December 19, 2025Updated:December 19, 2025LAS VEGAS—Lately, Andy Zimmerman has...