Cocaine Prices Surge 30% to 45% Per Kilogram

… Drug Enforcement Administration (DEA) Administrator Terry Cole told CBS News that President Trump's military strikes on suspected drug-running vessels in the Caribbean have helped drive a sharp increase in cocaine prices.

"Cocaine is getting more expensive. And I think what it is — not only more expensive in the U.S., but we're seeing it become more expensive at first stops. So more expensive in Puerto Rico, more expensive in the Dominican, more expensive once it lands in Guatemala and Honduras and Central America," Cole said.

Cole said cocaine prices have surged 30% to 45% per kilogram because the strikes are disrupting the command-and-control networks that move drugs from South and Central America into the U.S. These trafficking pipelines have mainly fueled the nation's deadly drug epidemic, which now claims roughly 100,000 American lives each year.

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