Trump To Unleash Financial Armageddon On Mexican Drug Cartels If He Wins: We Will Be "Seizing Assets"
Former President Trump reportedly told allies earlier this year that he would covertly deploy Tier 1 US Special Forces operators to Mexico to wipe out drug cartel leadership if he returns to the White House. However, storming the command and control centers of cartels with guns blazing may not be the proper strategy to dismantle these criminal organizations.
"I'm announcing that for the first time under my administration, we are seizing the assets of the criminal gangs and drug cartels and we will use those assets to create a compensation fund to provide restitution for the victims of migrant crime," Trump said at a press conference on Tuesday at Mar-a-Lago.
Trump: "I'm announcing that for the first time under my administration, we are seizing the assets of the criminal gangs and drug cartels and we will use those assets to create a compensation fund to provide restitution for the victims of migrant crime." pic.twitter.com/YfIUFwM9EW
— The Post Millennial (@TPostMillennial) October 29, 2024
Trump's comments at Mar-a-Lago suggest if he wins in November, the US Treasury Department may ramp up a financial war against the violent Mexico-based drug trafficking cartel responsible for America's drug overdose catastrophe.
"When it comes to drug trafficking, we haven't enforced sanctions against banks seriously," David Asher, a senior fellow at the conservative Hudson Institute specializing in US foreign policy and law enforcement, told AP News in April 2023.
Asher continued, "If we can sanction Russian oligarchs and banks, why can't we do the same thing to Mexican drug lords and their bankers and bank accounts and banks — especially when we know who they are."
Under a Trump presidency, international fentanyl trafficking could be declared a national emergency. This would then allow the Treasury to sanction the hell out of drug cartels and their banks. This would enable Trump to confiscate the sanctioned property of fentanyl traffickers. And it's not just targeting Mexican banks where traffickers hide their monies - Chinese banks could be targets, too.
Sanctions would be a tool by Trump to then deter Chinese chemical firms from sending fentanyl-precursor chemicals to Mexico. When cooked, these chemicals are turned into fentanyl, shipped over Biden-Harris' open southern borders, and then flooded into streets of American towns and cities.
If Trump wins, expect these illicit financial networks of the cartels and Chinese companies participating in this drug crisis scheme to be instant targets.
Remember, China doesn't even have to fire a shot, and 100,000 Americans die each year from the drug death overdose crisis. Many of these deaths are folks who are prime-aged working men and women, in other words, military-aged men and women. Some say this is reverse opium wars waged by the Communists on the West. Trump may end this chaos that Biden-Harris allowed to expand drastically.
Will activist hedge funds short the peso and Mexican banks if Trump wins? It certainly sounds like a big theme in the making, of course, dependent on a Trump win.