Tensions regarding security between the United States and Mexico continue to rise. This Wednesday, Donald Trump's administration advanced the classification of Mexican cartels as terrorists. The designation, issued by the State Department and already notified to the Federal Register, will take effect starting tomorrow.
Among the organized crime groups included in this classification are the Sinaloa Cartel, Jalisco New Generation Cartel (CJNG), United Cartels, Northeast Cartel, Gulf Cartel, and the new Michoacan Family. This step is taken under the U.S. government's criteria to consider these groups as a risk to national security, foreign policy, and economic interests of the United States.
Meanwhile, the financial and economic climate is affected by this measure, as uncertainty about the details of the classification and potential measures that may be taken prevails. In light of the possibility of increased controls, there is an alert in the banking sector.
This decision comes at a time before security talks that are expected to take place between the governments of Mexico and the United States, with a deadline of March 4 to review the tariff pause.
