Strengthening Sanctions on Fentanyl Traffickers Act of 2023

This bill requires the President to prioritize identifying Chinese individuals and entities involved in shipping fentanyl, fentanyl analogues, precursors, or manufacturing equipment to Mexico for trafficking into the U.S., continuing until China is no longer the primary source or until December 31, 2030. It maintains existing sanctions on major Mexican cartels like the Sinaloa Cartel and Jalisco New Generation Cartel under the Kingpin Act. The bill also expands authority to impose sanctions - including asset blocking, travel bans, and financial restrictions - on foreign persons involved in global fentanyl trafficking or supporting sanctioned groups. Key targets include those contributing to fentanyl production, distribution, or related equipment, specifically naming fentanyl, analogues, precursors, and manufacturing equipment.