Mexican President Sheinbaum says fentanyl trafficking from Mexico to the US has been halved within a year

Mexican President Sheinbaum says fentanyl trafficking from Mexico to the US has been halved within a year.

The statement from President Sheinbaum regarding a significant reduction in fentanyl trafficking is indicative of potential improvements in U.S.-Mexico relations and may alleviate some concerns around border security and trade. While this reduction is promising, it's important to assess whether this reflects a durable shift in policy or if further monitoring is needed, as the situation can be volatile and influence related markets such as the USD and commodities.