Economy & Business - June 2025

MEXICO: Proposed US tax on remittances causes concern

MEXICO & USMCA by Patrick de Courcy 19 June 2025 Modified: 25 June 2025 3393 views

US President Donald Trump’s proposal to impose a 3.5% tax on remittances would cost the Mexican economy more than US$2.6bn per year, according to the Center for Global Development (CGD), a think tank with offices in Washington and London.

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