Remittances Crash, Migrant Tax Fight Heats Up, and Immigration Raid Sparks Outrage

Mexico's Remittances Plummet 12.1% Amidst Migrant Tax Opposition and Criticism of Armed Raids Mexico City, June 4, 2025 – Recent reports reveal a significant downturn in the flow of remittances to Mexico, with a 12.1% annual decrease in April, according to the Banco de México. This drop, the worst in over 18 years, amounts to a loss of billions of dollars compared to the same period last year. Simultaneously, Mexican migrants in the United States have penned an open letter to the US Senate, pleading for the rejection of a proposed 3.5% tax on remittances. The letter underscores the potential devastating impact this tax would have on millions of families already struggling. Adding to the complex situation, California lawmakers have voiced strong criticism of a recent armed immigration raid, describing it as a "grave error." Congresswoman [Name], speaking on the matter, stated, "The aggressive tactics employed caused unnecessary chaos and fear within the community." The combined impact of these events highlights the ongoing challenges faced by both migrants and the Mexican economy.