Tag #Remittances

Showing 13 to 24 of 40 results

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Noroña's Remittance Dispute Sparks Calls for Resignation

Mexican Senator Gerardo Fernández Noroña's public dispute with a US Senator over potential remittance taxes has caused a major diplomatic incident, leading to calls for his resignation from opposition parties and civil society, and raising concerns about Mexico-US relations.

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US Remittance Tax: Potential Economic Blow to Recipient Countries

The US House of Representatives approved a tax on remittances that could affect 40 million people sending money to their home countries; the tax is expected to generate $1.8 to $2 billion in revenue for the U.S. government but could significantly impact the economies of recipient countries, particul...

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english.elpais.com
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U.S. Remittance Tax: 3.5% Levy on Undocumented Migrants Sparks Concerns in Mexico

The U.S. House of Representatives approved a 3.5% tax on remittances sent by undocumented immigrants, projected to generate $22 billion for the U.S. between 2026 and 2034, impacting millions of families in Mexico and Central America who rely on these funds for daily expenses; Mexico is lobbying to p...

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48% Bias Score

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elpais.com
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Trump's Trade Policy: From Moderation to Renewed Aggression

Facing market losses and declining approval ratings after initiating a trade war with China, President Trump initially showed moderation, but recently resumed aggressive actions, including threats of tariffs on Apple, the EU, and a tax on remittances, along with attacks against Harvard University.

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40% Bias Score

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dw.com
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Mexico Threatens Protest Over US Remittance Tax

Mexican President Claudia Sheinbaum threatened protests against a new 3.5% US tax on remittances to Mexico, arguing it unfairly targets Mexican migrants who contribute significantly to both US and Mexican economies, potentially violating a 1994 bilateral treaty.

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spanish.china.org.cn
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Mexico and U.S. Discuss Trade Tariffs Following Sheinbaum-Trump Call

Mexican President Claudia Sheinbaum spoke with U.S. President Donald Trump on May 22, 2025, to discuss trade tariffs and secure better benefits for the steel, aluminum, and automotive sectors; high-level trade talks are planned for May 23, 2025.

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elpais.com
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US Migrant Protests Strain US-Mexico Relations

Mexican migrants in California are protesting Donald Trump's anti-immigration policies, prompting political tensions with Mexico and raising concerns over a potential 3.5% tax on remittances, threatening Mexico's economy. US accusations of Mexican officials inciting violence further strain relations...

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Malawi Sends Nurses to Israel: Addressing Unemployment, Raising Concerns

Due to high unemployment among healthcare professionals in Malawi, a bilateral agreement with Israel will send Malawian nurses and midwives to work in Israeli institutions, offering employment, skill development, and higher wages. While some see this as a solution to unemployment, critics express co...

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U.S. Remittance Tax Advances: Potential Economic Fallout for Latin America

A 3.5% tax on remittances is advancing in the U.S. House, potentially impacting 14% of the U.S. population and significantly affecting Latin American countries like Mexico, where remittances constitute 44.4% of foreign currency income and 3.7% of GDP in 2023.

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48% Bias Score

Reduced Inequality
elpais.com
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US Remittance Tax Risks Disrupting $64.745 Billion Flow to Mexico

A proposed 3.5% tax on remittances sent from the US to Mexico could drastically alter the $64.745 billion (3.5% of Mexico's GDP) flow of funds, potentially driving a surge in alternative methods, from cryptocurrencies to cash smuggling, with disproportionate effects on economically vulnerable states...

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cnnespanol.cnn.com
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Mexico Threatens Mobilization Against Proposed US Tax on Remittances

Mexican President Sheinbaum announced potential mobilization against a proposed 3.5% US tax on remittances to Mexico, totaling $14.27 billion USD in Q1 2024, which passed the US House and is pending Senate approval. The Mexican Senate and experts also criticized this measure.

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36% Bias Score

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dw.com
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US Remittance Tax Proposal Sparks Outrage in Latin America

A US Republican proposal to impose a 5% tax on remittances sent from the US to Latin America, potentially impacting $160.9 billion in 2024, is facing strong opposition from Mexico and other recipient countries due to the significant socio-economic impact on millions of families and the potential for...

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48% Bias Score

No Poverty

Showing 13 to 24 of 40 results