Episode
How a U.S. Tax Could Hit Latin American Remittances
- Podcast
- Latin America in Focus
- Published
- Jun 26, 2025
- Duration seconds
- 1759
- Processing state
not_requested- Canonical source
- https://www.as-coa.org/podcast
Actions
POST https://stenobird.com/v1/public/podcasts/latin-america-in-focus-50000/episodes/how-a-u-s-tax-could-hit-latin-american-remittances/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/latin-america-in-focus-50000/how-a-u-s-tax-could-hit-latin-american-remittances.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Tucked inside the Trump administration’s One Big Beautiful Bill is a proposed tax of 3.5 percent on remittances that could have major consequences for how much money Latin American immigrants can send home to their loved ones—and how they send it. “Immigrants are going to absorb that tax in order to keep sending money to their families [or] they could change the channels they use,” says René Maldonado, coordinator of CEMLA’s remittances program and consultant for the IDB’s migration unit.