https://finance.yahoo.com/news/mexico-remittances-plunge-trump-cracks-203103683.html
(Bloomberg) -- Remittances sent to Mexico fell 12% in April from a year prior, registering the largest annual drop in more than a decade as US lawmakers mull taxing the transfers and Donald Trump’s administration toughens its rhetoric against migrants.
Central bank data released Monday showed that remittances received by Mexico fell to $4.76 billion in April, well below the median estimate in a Bloomberg survey and down from $5.42 billion in the same month in 2024. In March, remittances reached $5.14 billion.