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Sheinbaum Seeks to Reimburse US Tax on Cash Remittances: Monday's Mañanera Recapped

Summary by Mexico News Daily
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The Mexican president recalled that the proposal for the Donald Trump government’s tax on remittances rose from 3.5% to 1%

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Lean Left

Claudia Sheinbaum’s government seeks to reverse the 1% tax on undocumented migrants’ remittances, close to passing the U.S. Senate. The president said Monday that, once the tax is upheld in Washington, her administration will refund that amount to nationals, as long as they send the money through the government’s Welfare Finance Agency (Finabien). “How is the writing left? There is 1% left, but only for remittances that are sent in cash. All ele…

·Spain
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Lean Right

President Claudia Sheinbaum led her ‘morning’ conference this Monday, June 30, from Palacio Nacional and began ‘applauding’ the US decision to reduce the remittance tax to 1 percent and anticipated that there will be a plan to supplement that tax as long as it does not affect Mexican families. Sheinbaum welcomes the fact that Republicans would lower the tax on remittances to 1%President Claudia Sheinbaum began the morning conference by highlight…

·Mexico
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The president of Mexico, Claudia Sheinbaum, said that the Mexican financial system has many regulations, which has allowed her to maintain confidence despite the indications of the U.S. Treasury Department, which accused three Mexican institutions of money laundering. During her morning press conference, the president stressed that the good performance of the Mexican peso, which adds five sessions below the psychological barrier of the 19 per do…

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Clara Brugada and Sheinbaum lamented the judicial strike in the country’s capital but estimated that it will soon be resolved. Sheinbaum also celebrated the massive arrest of Omar García Harfuch against a network dedicated to fuel theft, the huachicol, in the center of the country. Los Angeles Press The activity in Palacio Nacional this Monday occurs at a time when, although the federal government tries to present it as with advantages for Mexic…

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bloombergtax.com broke the news in on Monday, June 30, 2025.
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