cartels bankrupt

“Cartels Are Going Bankrupt,” Says U.S. Ambassador to Mexico

Ian Hayden Parker

Home » Mexico News » “Cartels Are Going Bankrupt,” Says U.S. Ambassador to Mexico

The U.S. ambassador to Mexico, Ronald Johnson, declared on August 1, 2025, that the cartels are going bankrupt, crediting a combination of tighter border controls and enhanced cooperation with Mexican authorities for squeezing their revenue streams. In a post on X, Johnson echoed comments by Tom Homan, a prominent Trump-aligned border advisor, saying fentanyl seizures in the United States have dropped by more than half and that Mexican authorities have simultaneously increased their own interdictions...

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