Trump Treasury Bessent sanctions drug trade Costa Rica.

The U.S. has imposed sanctions on five Costa Ricans and five Costa Rican entities for allegedly transporting cocaine from Colombia. The drugs were stored in Costa Rica before being shipped to the U.S. and Europe. On Thursday, the Treasury’s Office of Foreign Assets Control identified Luis Manuel Picado Grijalba as the network leader. The sanctions also target his family and related companies. A task force including Homeland Security and Costa Rica’s Attorney General tracked down those involved. The sanctions block access to U.S. assets and business. These actions are part of a broader effort against the Caribbean drug trade.