Mexican remittances dropped by more than $250 million in April—the sharpest decline in 12 years—amid aggressive U.S. immigration enforcement actions under President Trump. The crackdown is hitting both illegal border crossings and workplaces, with ripple effects reaching all the way back to Mexico.
Key Facts:
- Mexico saw a $250 million drop in remittances in April, per Banco de México, the sharpest fall in over a decade.
- The decline follows a surge in U.S. immigration enforcement actions, including mass deportations and ICE worksite raids.
- Mexican President Claudia Sheinbaum acknowledged the plunge and said a delegation will visit the U.S. to address the issue.
- A proposed 3.5% remittance tax in the “Big Beautiful Bill” could further reduce money sent to Mexico.
- Major companies like Walmart and Disney are laying off foreign workers whose legal status has been revoked.
The Rest of The Story:
The sharp fall in remittances comes as U.S. immigration authorities intensify deportation and workplace enforcement efforts under President Trump.
Banco de México’s April report showed a steep drop in electronic transfers and money orders from the U.S., signaling a sudden disruption in the flow of funds.
Mexican President Claudia Sheinbaum addressed the crisis during a press briefing, urging calm.
“We are investigating the cause of the drop in remittances,” she stated.
A team of officials is heading to the U.S. to push back on a proposed remittance tax that could pull $2 billion a year into U.S. coffers if passed.
Meanwhile, ICE is ramping up enforcement, targeting employers who hire unauthorized workers.
High-profile companies like Walmart and Disney are letting go of migrant employees whose legal status has been revoked, following recent DHS and Supreme Court decisions.
The trend appears to be nationwide, with raids reported at sites like the University of Texas at San Antonio.
#NAI | Remittances Mexico-USA, a thread🧵
💸In 2024, remittances to Mexico hit almost $65 billion, powered by working-age Mexican immigrants in the US. That’s 4.5 million households supported — a critical economic lifeline, especially in rural regions
95% of that comes from 🇺🇸 pic.twitter.com/0o9L4H7Tc1
— U.S.-Mexico Foundation (@USMexicoFound) June 3, 2025
Commentary:
This massive drop in remittances is not a coincidence.
It’s a direct result of a president willing to take serious action on immigration.
President Trump promised to shut down the flow of illegal immigration—and this $250 million shortfall is strong proof he’s doing just that.
Border crossings are down.
ICE is showing up at job sites.
And for the first time in years, major corporations are feeling the pressure to comply with federal immigration law.
For too long, illegal labor has been shielded by a system that looks the other way.
That era is ending.
This also shows how deeply illegal immigration is tied to money flowing out of the country.
When the jobs disappear and the deportations start, the checks stop getting wired home.
It’s that simple.
This hurts the foreign governments that rely on those funds—and they’re panicking.
The response from Mexico is telling.
Rather than asking why their citizens are here illegally, their leaders are rushing to stop a 3.5% tax that could finally recoup some of the billions flowing out each year.
The real story isn’t the tax.
It’s the fact that we’re finally enforcing the law.
But there’s still work to do.
Trump’s immigration policies are being fought in the courts, and activist groups are mobilizing against deportations.
Judges are standing in the way, trying to stall efforts to remove those who broke the law to come here.
We’re hopeful the president will push through the legal obstacles and finish the job.
If the border is closed and employers get serious about hiring legally, we could see a full return to law and order—and maybe even see illegal immigration reverse course entirely.
The Bottom Line:
The $250 million drop in remittances is a real-world signal that Trump’s immigration policies are biting.
Enforcement is working—and money is no longer freely flowing to foreign nations at our expense.
If deportations continue and legal hiring becomes the norm, this trend could grow.
The challenge now is finishing what was started—and sending millions back home before time runs out.
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