Mexico President Claudia Shinbam chose a symbolic platform for shooting back on the proposal of dispatch of US President Donald Trump, called “Remissus” in Spanish -speaking Latin America.
On Sunday (May 18), during the construction ceremony of Los Kabos Regional General Hospital in Baja California Ser, he underlined that America “cannot do twice when they are already paying taxes.”
By choosing this setting, Shinbam visually strengthened the social and political dimensions of American regulation, causing widespread concern throughout the region.
Republican MPs have included a 5% tax plan on dispatch transfer in the so -called Donald Trump’s so -called so -called One, big, beautiful billA broad multi-trilian dollar of law with a view to furthering Trump’s agenda on taxes, migration, energy, defense and National Deb.
Bill targets $ 160 billion in annual transfer
For annual reports from the Department of Migration of Inter-American Development Bank, remittance from the US to Latin America and Caribbean reached $ 160.9 billion (€ 142.53 billion) in 2024-an increase of $ 7.7 billion compared to the last year.
The largest recipients were Mexico ($ 64.7 billion) and Guatemala ($ 21.5 billion). Mexico alone is transferred to about $ 177 million a day.
Jesus Alejandro Surventas Gonzalez, from the center of Latin American Monetary Studies (CEMLA) in Mexico City, has broken 2024 figures in an interview with DW. He said the dispatch said “20%of GDP in Guatemala, 27%in Nicaragua, 26%in Honduras, 24%in Al Salvador, 20%in Haiti and 19%in Jamaica.”
The economic and social importance of thesis funds for the countries received is very large, he said, “They” reduce financial obstacles for millions of homes and reduce poverty. ,
He said, “They enable higher standard of living and help consumer goods, education, health, housing and sometimes to invest funds in investing in small family businesses,” he said.
For Semla, which specializes in the economics of remittance, around 4.5 million house holds and 9.8 million adults in Mexico receive search transfer from the US, with the most profitable for poor rural AEAS.
Taxation and identity check objective is to curb illegal stay
According to the major Spanish Economic and Financial News Portal El economistaLocated in Madrid, Florida Governor Ron Desantis are allegedly considering the need for identification for money transfer, which means sectors must prove that they are legally employed in the US.
With the intention of blocking remittances from unspecified migrants, Mexican Senator Antonino Morales has been criticized as “clearly discriminatory and racist” from the ruling Mora Party.
Morales said that beyond the dispatch tax, the unspecmritic migrants could have “loose access” [health care] Programs like Obamcare and Medicare. ,
Risk flow of diverted dispatch
“In principle, tax will only be for migrants who do not use. It includes migrant migrants as well as legally living migrant migrants in the country,” the seamla specialist Gonzalez told DW.
If applied in 2026 as proposed, the dispatch can significantly reduce the flow of funds from the US to Latin America and Caribbean.
For countries, search as Mexico, Guatemala, Honduras, Al Salvador, and Nicaragua – Remitance account for the high part of the GDP – the effect will be particularly serious.
Gonzalas says the thesis countries will have to face a double shock as it will be taxed “in addition to the ongoing exile of the unspecified immigrants,” and comes at a time when “employed between Latin American migrants in the US” signs “. ,
So he was warning of unexpected results. “The transmission may push transfer in informal channels – through a courier or digital cryptocurrency transaction,” which can increase the risk of black market activity.
Trump’s Republican Latinians take the risk of separating voters
But backlash can already take shape. The rigid images of Latin American migrants are being arrested in the US and the steady stream of negative news affecting Hispanic Americans has increased pressure on Republican politicians before the mid -term elections of November 2026. Thesis wants to decide all seats in the Election House of Representatives and a third of the Senate.
In the 2024 presidential election, a significant number of Latino voted for Republican and Donald Trump – more in the last 2020 elections. But some Latin voters, especially in Republican strongholds such as Florida, now feel deception by the party.
President Shinbam has clearly called Mexican Americans to give voice to their concerns for local American politicians. The Republican-controlled House of Representatives on Thursday cut the tax and spent the bill by a narrow margin. The bill will now run for one vote in the Senate, before the President Trump can sign the law.
This article was original in German.
