Mexico Welcomes US Remittance Fee Cut, but Full Removal Remains the Goal

Mexico Celebrates US Remittance Fee Reduction, But Fight Continues: Mexican Ambassador Esteban Moctezuma, in a recent video, expressed cautious optimism about the US House of Representatives' decision to lower the remittance fee from 5% to 3.5%. "While it's not a definitive triumph," Moctezuma stated, "it shows we are heading in the right direction." His comments highlight the importance of remittances to the Mexican economy and the ongoing efforts to completely remove the fee. The reduction, while welcomed, is seen as an interim step in a larger campaign to ease financial burdens on Mexican families. The ambassador's remarks underscore the diplomatic efforts underway to address this crucial issue. The video's popularity shows the significant public interest in this matter and the impact it has on many Mexican families.