Money that is connected to Mexico reaches a decade low if the American immigration policy entails

The Trump Administration’s crackdown on illegal immigration has had a significant impact on money transfers to Mexico, with the country experiencing its lowest monthly income from abroad in over a decade.

Recent data from the Bank of Mexico (Banxico) reveals that in June, the amount of money sent to Mexico through transfers totaled $5.2 billion, marking a 16.2 percent decrease compared to the same month in 2024.

The decline in remittances can be attributed to the strict immigration policies implemented by the Trump government, which have made it more difficult for undocumented immigrants to send money back to their families in Mexico. As a result, many individuals are choosing to keep their earnings in the United States rather than risk being caught and deported.

This downward trend in money transfers is concerning for many families in Mexico who rely on these funds to cover basic necessities and support their loved ones. The impact of these policies is not only felt in Mexico but also has broader implications for the global economy, as remittances are a key source of income for many developing countries.

While the US dollar may have rebounded recently, the continued uncertainty surrounding immigration policies and their effects on money transfers highlight the need for comprehensive and compassionate immigration reform. It is essential to strike a balance between enforcing immigration laws and ensuring that families can continue to support each other across borders.