Trump signs fentanyl trafficking law as China eases sanctions on Hanwha Ocean
U.S. President Donald Trump has signed the 'Halt All Lethal Trafficking of Fentanyl Act' into law. The signing took place in Washington on July 16, 2020. Meanwhile, China has agreed to suspend sanctions on Hanwha Ocean's U.S. subsidiaries.
The new law, aimed at combating the opioid crisis, will strengthen penalties for trafficking fentanyl and other synthetic opioids. It also enhances international cooperation to disrupt the supply chain.
In a separate development, China has shown goodwill by agreeing to suspend sanctions on Hanwha Ocean's U.S. subsidiaries. This move could help ease tensions between the two countries.
With the signing of the 'Halt All Lethal Trafficking of Fentanyl Act', the U.S. takes a significant step in its fight against the opioid crisis. Additionally, China's decision to suspend sanctions on Hanwha Ocean's U.S. subsidiaries signals a potential thaw in bilateral relations.
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