The US tried to stop cartel money-laundering. It devastated mom-and-pop businesses instead
Reported by Lourdes Medrano (Excerpt shared below. To read full report, go to: https://www.theguardian.com/us-news/2026/aug/11/us-mexico-border-area-money-transfer-rule-change-small-businesses) Last April, the Trump administration rolled out its latest tool in the fight against Mexican cartels: an aggressive crackdown on money transfers near the US-Mexico border. The administration said that, in an effort to stop money laundering and other illicit activity, it would now […]