How Trump’s Plan to Tax Remittances From the US Could Hit African Families Hardest

How Trump’s plan to tax remittances from the US could hit African families hardest

For Enoch Aikins, a political economist who focuses on Africa, the topic of sending money home to relatives is personal. “I can use myself as an example, as somebody that comes from a typical village with a lot of people or [with] a family that depends on me,” he says. A researcher with the Institute […] The post How Trump’s plan to tax remittances from the US could hit African families hardest appeared first on Zw News Zimbabwe.

The former Minister of Industry and Trade, José del Castillo Saviñón, warned that the Dominican Republic could lose more than $1 billion if the United States imposes a tariff on remittances, during its participation in the panel “The WTO and China’s Entry”, held at the international workshop “China, the United States and the Trade War.” Del Castillo explained that the conflict between the two powers is due to the US tariff response to China’s st…

The Dominican Republic could face economic losses exceeding one billion dollars if the United States decides to impose a tariff on remittances, warned former Minister of Industry and Commerce José del Castillo Saviñón, during his participation in the panel "The WTO and the Entry of China," held within the framework of the international workshop "China, the United States and the Trade War." The event was organized by the Dominican Center for Chin…