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Mexican president links U.S. policies to a drop in remittances, with plans for a new tax in 2026.
Mexican President Claudia Sheinbaum says U.S. migration policies are behind a 16% drop in remittances from Mexicans in July, with overall remittances down 5% in 2025, returning to 2022 levels.
The U.S. plans to introduce a 1% tax on outbound remittances in 2026, and Mexico will reimburse this tax to protect migrant families.
Experts warn that higher costs could lead migrants to use informal channels.
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El presidente mexicano vincula las políticas de los Estados Unidos a una caída en las remesas, con planes para un nuevo impuesto en 2026.