EO: Imposing Duties to Address the Synthetic Opioid Supply Chain in the People’s Republic of China
Feb 9, 2025 ·
13m 48s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Imposing Duties on China: Executive Order to Combat the Synthetic Opioid Crisis President Trump's February 1, 2025 Executive Order imposed a 10% tariff on goods from China to combat the...
show more
Imposing Duties on China: Executive Order to Combat the Synthetic Opioid Crisis
President Trump's February 1, 2025 Executive Order imposed a 10% tariff on goods from China to combat the flow of fentanyl and other synthetic opioids into the United States. The order cites a national emergency due to the opioid crisis and China's alleged insufficient action to stop the supply. Potential benefits include directly addressing the crisis, holding China accountable, and leveraging economic pressure for future negotiations. However, drawbacks include potential economic harm to American consumers and businesses, the risk of Chinese retaliation, and uncertainties regarding the order's effectiveness. The order's success hinges on China's response, effective enforcement, and complementary domestic efforts.
show less
President Trump's February 1, 2025 Executive Order imposed a 10% tariff on goods from China to combat the flow of fentanyl and other synthetic opioids into the United States. The order cites a national emergency due to the opioid crisis and China's alleged insufficient action to stop the supply. Potential benefits include directly addressing the crisis, holding China accountable, and leveraging economic pressure for future negotiations. However, drawbacks include potential economic harm to American consumers and businesses, the risk of Chinese retaliation, and uncertainties regarding the order's effectiveness. The order's success hinges on China's response, effective enforcement, and complementary domestic efforts.
Information
| Author | C. Lege |
| Organization | Chad Lege |
| Website | - |
| Tags |
Copyright 2025 - Spreaker Inc. an iHeartMedia Company
Comments