As Deportation Fears Grow, Local Remittances Plummet—But National Transfers to Mexico Rise

Migrant families in Mexico brace for Trump's second term and mass deportations, as they depend on remittances sent back home from the U.S. (Credit: Getty Images)

Immigrants in the United States are adjusting their financial habits in response to President Donald Trump's deportation policies. While some communities in both Mexico and the U.S. report a decline in remittances, national data suggests that many Mexicans are transferring their funds to Mexican banks as a precautionary measure.

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