The Trump administration has designated eight Latin American cartels, including the Sinaloa Cartel and MS-13, as foreign terrorist organizations. This action allows for freezing assets, increased surveillance, and penalties of up to 30 years for supporters.
This designation is significant as it focuses on cartels linked to 107,000 US overdose deaths in 2023 and annual earnings of $29 billion. The decision may disrupt international trade and affect businesses involved with Mexico's economy.