Mexico and the U.S. are nearing a deal to enhance the fight against drug trafficking, which could reportedly deal to a more comprehensive agreement that also involves trade.
Bloomberg detailed on Friday that the deal includes increased information sharing and reducing the flow of fentanyl precursor chemicals into the country. It also involves cracking down on guns being taken from the U.S. into Mexico.
"It generates more coordination right now. Much of this has been going on for a long time," said Mexican President Claudia Sheinbaum when discussing the agreement during her daily press conference.
The outlet added thar Trump postponed a plan to increase tariffs on Mexico due to progress on the talks. "Mexico now understands that any deal must address the twin crises of fentanyl/illegal immigration, as well as attacking Mexico's enormous trade deficit," said Commerce Secretary Howard Lutnick on Thursday.
The Trump administration has made a priority of fighting cartels. U.S. ambassador to Mexico Ronald Johnson said this week that the criminal organizations are "going bankrupt" as a result of increased enforcement operations resulting from collaboration between both countries.
Johnson made the claim in a social media publication, echoing a previous statement by White House border czar Tom Homan, who said criminal organizations are "broke."
"We have a safe border, patrols are doing their job. Cartels are suffering and president Trump, with his effort and leadership, will wipe cartels off the face of the earth. This will make not only the U.S. safer, but also Mexico," Homan added this week.
Johnson, on his end, said he backed Homan's statements, adding that "in Mexico fentanyl seizures are up." "Under Donald Trump and Claudia Sheinbaum's leadership, cartels are going bankrupt and our countries are safer because of it," he added.
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