Mexican immigrants in the United States sent less money back to Mexico in May, a decline in an important source of income for many families.
Remittances — or the money immigrants send back to their countries of origin — dropped close to 5% for Mexico from May of last year to May of this year.
That decline was significantly less than the 12% drop in April compared to April 2024.
Mexico receives most of its remittances from the United States, which is going forward with a 1% tax on some of that money. Republicans’ megabill passed by Congress on Thursday would tax remittances paid in cash, which is only a fraction of the total amount of money sent back to Mexico.
Mexico’s president has strongly pushed back against taxing remittances, and says her government would reimburse Mexican citizens in the U.S. who have to pay the tax.
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The complaints come at the same time as Mexican President Claudia Sheinbaum navigates delicate negotiations with the Trump administration, one analyst says. -
U.S. Secretary of Agriculture Brooke Rollins met with Mexico’s president last week to discuss the spread of the parasite. She also led a trade delegation to discuss agribusiness ahead of the 2026 review of USMCA. -
The move comes at the same time as sanctions to individuals and businesses accused of laundering money for criminal organizations. -
State officials say a store that caught fire this month in Mexico was operating without state safety protocols in place. The tragedy came 16 years after a day care fire that killed 49 children in Hermosillo. -
The federal magistrate judge on the case had granted the Department of Homeland Security to pause the challenge by the Center for Biological Security, citing the government shutdown.
