Air Freight News

US sanctions Chinese firms over machines that make fake pills

The US accused several Chinese companies of shipping machines that make counterfeit pills to the US and Mexico, and hit more than a dozen entities with sanctions as it looks to crack down on a trade officials say is contributing to the opioid crisis.

The sanctions were directed at companies and individuals that produce, sell and transport so-called pill presses, which are used to make illegal drugs look like legitimate pharmaceuticals, the US Treasury Department said in a statement. Officials said the counterfeit pills are often laced with fentanyl, a synthetic opioid, and frequently sent to the US.

As part of the scheme, the US says a Chinese company sold the machines to a pill supplier in Mexico that used them to create a series of “superlabs” capable of producing millions of fentanyl-laced pills every week. In one instance, the company sent the equipment through the US en route to Mexico.

The sanctions targeted seven companies and three people based in China, as well as one company and three people based in Mexico. One of the Chinese companies, Yason General Machinery Co., Ltd., has “worked with a Mexico-based pill equipment supplier and contact who previously provided equipment to a Sinaloa Cartel-linked individual,” the Treasury Department said.

Treasury Under Secretary Brian Nelson, who leads the department’s office of Terrorism and Financial Intelligence, said the measures were a response to the “surge in fentanyl poisonings and deaths across the country.”

“Counterfeit pills laced with fentanyl constitute a leading cause of these deaths, devastating thousands of American families each year,” he said in a statement. “We remain committed to using all authorities against enablers of illicit drug production to disrupt this deadly global production and counter the threat posed by these drugs.”

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

US spars with China over who subsidizes its industries the most

The US and China sparred over industrial subsidies at the World Trade Organization on Friday, with Beijing asking to set up a dispute panel to review the Inflation Reduction Act’s…

View Article
https://www.ajot.com/images/uploads/article/BYD_EV.jpg
China’s made-in-Europe EVs pose new threat to region’s carmakers
View Article
World’s No. 2 citrus shipper renews WTO EU dispute-panel call

South Africa asked the World Trade Organization to set up two panels to examine what the nation says are “unscientific and discriminatory measures” placed on citrus it exports to the…

View Article
Ukraine urges Hong Kong not to help Russia bypass sanctions

Ukraine’s Foreign Minister Dmytro Kuleba asked Hong Kong’s leader John Lee to take measures to prevent Russia and its companies from using the city to circumvent sanctions, in a rare…

View Article
Wall Street says a Trump Presidency could send oil prices lower

A US election victory for former president Donald Trump could send oil prices lower, according to some prominent Wall Street banks.

View Article
US seeks Mexico’s review of alleged denial of Workers’ Rights at Impro Industries Mexico, S. de R.L. de C.V.

For the seventh time in 2024, the United States has sought Mexico’s review under the USMCA’s Rapid Response Labor Mechanism.

View Article