The Trump administration’s designation of Mexican cartels as terrorist organizations in February has made doing business in Mexico riskier than ever before for corporations.
Mexico is the top trading partner of the U.S., with trade worth a record-high $840 billion in 2024. Hundreds of U.S. companies have facilities and offices in the country, including Ford, GM, Pepsi, Medtronic, Intel, Honeywell, and Kraft.

