Sheinbaum Rejects Proposed Tax on Remittances to Mexico

Mexico City Head of Government Claudia Sheinbaum strongly opposes the proposed tax on remittances to Mexico, stating that such a measure would harm both the United States and Mexico. Sheinbaum stated, "Nosotros no estamos de acuerdo con que haya impuestos a las remesas...es algo que no le beneficia ni a EU ni a México." She vowed to work within the legal frameworks of both nations to prevent the implementation of this policy. This opposition highlights the significant economic impact of remittances on Mexico and the potential political ramifications of such a tax. The statement underscores the importance of cross-border financial flows and the potential for diplomatic tension between the US and Mexico.