Overview

• Tom Homan declared that drug cartels are bankrupt and pledged to eliminate their networks under President Trump’s leadership.
• DHS Secretary Kristi Noem reported a record-low 24,630 irregular border encounters in July and single-day detentions down to as few as 88, marking about a 90% drop from the previous administration.
• Ambassador Ronald Johnson credited growing US-Mexico cooperation for halving fentanyl shipments into the United States while Mexican seizures have surged, saying cartels are “going bankrupt.”
• President Claudia Sheinbaum said the forthcoming agreement—grounded in sovereignty, mutual trust, collaboration and joint action on fentanyl precursors, arms flows, intelligence sharing and addiction prevention—will be signed within weeks.
• The pact builds on months of Trump administration measures, including a 25% tariff on Mexican goods, emergency border declarations and intensified ICE-CBP operations, which officials say have financially crippled transnational cartels despite warnings from rights groups about humanitarian impacts.