; and (2) the Secretary of State, in consultation with the Secretary of the Treasury, may consider forming a new coalition of countries to establish a multilateral sanctions regime against foreign opioid traffickers if certain countries in existing multilateral fora fail to cooperate with respect to establishing such a regime. (b) Reports to Congress (1) In general The President shall include, in each report required by section 101(b), an assessment conducted by the Secretary of State, in consultation with the Secretary of the Treasury, of the extent to which any diplomatic efforts described in subsection (a) have been successful. (2) Elements Each assessment required by paragraph (1) shall include an identification of— (A) the countries the governments of which have agreed to undertake measures to apply economic or other financial sanctions to foreign traffickers of illicit opioids and a description of those measures; and (B) the countries the governments of which have not agreed to measures described in subparagraph (A), and, with respect to those countries, other measures the Secretary of State recommends that the United States take to apply economic and other financial sanctions to foreign traffickers of illicit opioids. 103. Imposition of sanctions The President shall impose five or more of the sanctions described in section 104 with respect to each foreign person that is an entity, and four or more of such sanctions with respect to each foreign person that is an individual, that— (1) is identified as a foreign opioid trafficker in a report submitted under section 101(a)