Neural Newscast

[00:00] Adriana Costa: From Neural Newscast, I'm Adriana Costa.
[00:04] Benjamin Roth: And I'm Benjamin Roth.
[00:06] Adriana Costa: Today is Monday, February 23, 2026.
[00:11] Adriana Costa: Mexico confirms the death of its most wanted drug lord, El Mencho.
[00:16] Adriana Costa: The event has sparked widespread retaliatory violence across the country.
[00:22] Benjamin Roth: And we examine President Trump's latest trade maneuver.
[00:26] Benjamin Roth: He has hiked global tariffs to 15% following a defeat in the Supreme Court.
[00:32] Adriana Costa: Mexico's Defense Ministry confirmed today that security forces killed Nemesio Asugera-Servantes,
[00:39] Adriana Costa: He was the leader of the feared
[00:41] Adriana Costa: Jalisco New Generation cartel.
[00:44] Benjamin Roth: This operation is a major win
[00:46] Benjamin Roth: for the Mexican government.
[00:47] Benjamin Roth: However, the immediate aftermath
[00:49] Benjamin Roth: has been characterized by chaos
[00:52] Benjamin Roth: in eight different states.
[00:54] Adriana Costa: Cartel members have responded
[00:56] Adriana Costa: by setting vehicles on fire
[00:57] Adriana Costa: and building roadblocks
[00:59] Adriana Costa: President Claudia Shinebound Pardo is urging citizens to remain calm.
[01:05] Benjamin Roth: It serves as a sobering reminder of how these criminal organizations can paralyze infrastructure when their leadership is targeted.
[01:14] Adriana Costa: Security forces are currently deployed to clear major routes.
[01:17] Adriana Costa: International observers are monitoring the potential for a power vacuum within the CJNG.
[01:24] Benjamin Roth: While we are seeing this volatility in Mexico, the geopolitical landscape is also shifting due to new developments in Washington.
[01:33] Adriana Costa: Turning now to trade, President Trump signed a proclamation this weekend using Section 122 of the 1974 Trade Act to levy a 15% tariff on all countries.
[01:46] Benjamin Roth: This move came just one day after the Supreme Court ruled that the president could not use a 1977 emergency law for these specific taxes.
[01:57] Adriana Costa: By switching legal authorities, the administration has increased the rate from 10% to 15%.
[02:04] Adriana Costa: The move caught many international partners by surprise.
[02:08] Benjamin Roth: Major trading partners like the United Kingdom and Australia now face deep uncertainty.
[02:14] Benjamin Roth: It is currently unclear whether their previously negotiated exemptions will still stand.
[02:21] Adriana Costa: The British Chambers of Commerce estimates this 5% increase alone could cost UK firms up to $4 billion in additional export levies.
[02:31] Benjamin Roth: Beyond the new tariffs, companies are already filing lawsuits to reclaim $130 billion.
[02:39] Benjamin Roth: This sum was paid under the previous, now unlawful, rules.
[02:43] Adriana Costa: Economists at the New York Federal Reserve note that U.S. businesses and consumers are
[02:49] Adriana Costa: currently bearing nearly 90% of these costs.
[02:53] Benjamin Roth: It is a complex puzzle for global supply chains.
[02:56] Benjamin Roth: They must attempt to navigate these constant shifts in American trade policy.
[03:02] Adriana Costa: I'm Adriana Costa.
[03:05] Benjamin Roth: And I'm Benjamin Roth.
[03:07] Adriana Costa: Neural Newscast is AI-assisted, human-reviewed.
[03:11] Adriana Costa: View our AI transparency policy at neuralnewscast.com.
[03:16] Benjamin Roth: Neural Newscast uses artificial intelligence in content creation
[03:20] Benjamin Roth: with human editorial review prior to publication.
[03:23] Benjamin Roth: While we strive for factual, unbiased reporting,
[03:26] Benjamin Roth: AI-assisted content may occasionally contain errors.
[03:29] Benjamin Roth: Verify critical information with trusted sources.
[03:33] Benjamin Roth: Learn more at neuralnewscast.com.