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Stronger Sanctions on Fentanyl Traffickers and Chinese Precursor Suppliers.

This law aims to curb the flow of fentanyl into the US by imposing stricter economic and visa sanctions on foreign pharmaceutical companies in China and major Mexican drug cartels. Citizens benefit indirectly through enhanced public safety and reduced availability of deadly drugs in their communities. The changes strengthen the government's tools to combat the global illicit drug trade.
Key points
Prioritizes sanctions against Chinese entities involved in shipping fentanyl precursors to Mexico or other countries trafficking fentanyl into the US.
Maintains and strengthens existing sanctions on major Mexican transnational criminal organizations, such as the Sinaloa Cartel and Jalisco New Generation Cartel.
Authorizes broad financial sanctions (asset blocking, banking transaction bans) and US entry bans for individuals involved in the global illicit drug trade.
Extends the deadline for fentanyl sanctions reporting requirements until the end of 2030.
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Additional Information
Print number: 118_S_2059
Sponsor: Sen. Menendez, Robert [D-NJ]
Process start date: 2023-06-20