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    Mexico's Sheinbaum Threatens US Over Remittance Tax

    Mexico Threatens Mobilization Over US Remittance Tax Proposal Mexico City, May 16, 2025 – Mexican President Claudia Sheinbaum has issued a strong warning to the United States, threatening mobilizations if a proposed 5% tax on remittances from the US to Mexico is enacted. The video report from Latinus details Sheinbaum's plans to lobby both the Mexican government and Congress to block the legislation. The potential impact on millions of Mexican families who rely on these remittances is significant. The US Congress's consideration of this tax is also highlighted, along with the potential budgetary implications for the US. A letter from Mexican lawmakers to the US House of Representatives expressing their concerns was also released, indicating a concerted effort to prevent the tax's implementation. Sheinbaum's statement underscores the gravity of the situation and the potential for heightened tensions between the two nations. "Our objective is to stop this tax," she stated. The situation remains fluid, with ongoing diplomatic efforts underway.

    3 months ago
    MX
    Mexico City, Mexico
    news summary
    remittances
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