As one example, the cartels might take in as much as $500 billion annually. But Mexican authorities reported just 2.6 billion in fraudulent transactions for the three years between 2019, 2021. China, America's greatest competitor, provides significant tax incentives to domestic producers of fentanyl precursors and allows those producers to export freely to the US and to Mexico. You heard that right. China is subsidizing the fentanyl that flows across our borders and kills Americans. The Chinese government's tacit endorsement of this massive drug trade is a huge issue and we have worked to take substantial actions. (03:57–04:11)
CLAIM
Asserts that China incentivizes the production and export of fentanyl precursors to the US and Mexico.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
