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Mexico's President Ramps up Opposition to Proposed U.S. Remittance Tax

  • Mexican President Claudia Sheinbaum announced a diplomatic mission to the U.S. On May 23, 2025, to oppose a new remittance tax proposal.
  • The mission responds to the U.S. House passing a 3.5 percent remittance tax on May 22, which will next be considered by the Senate.
  • Sheinbaum urged Mexicans in the U.S. To mobilize against the tax by writing letters and using social media to contact senators.
  • In 2024, Mexico received $62.5 billion in remittances from about 8 million migrants, and Sheinbaum said, “Say no to a remittance tax.”
  • Officials warned the tax might push migrants toward informal channels, increasing risks and expanding the gray market for money transfers.
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unomásuno.com.mx broke the news in on Friday, May 23, 2025.
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