It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.

The Sinaloa Cartel, the world’s most-feared fentanyl trafficker, is reeling from an internal war and a U.S.-Mexican crackdown. Its fate could upend global criminal networks.

One of the world’s most powerful criminal syndicates is facing a government crackdown and internal war after the son of a drug lord betrayed his partner.