Politics9/30/2025Bloomberg

Trump’s Deportations Are Driving a Remittance Boom in Latin America

Trump’s Deportations Are Driving a Remittance Boom in Latin America

The article discusses the impact of Trump's deportation policies on remittance flows to Latin America, particularly Honduras. According to the article, as migrants in the US become increasingly concerned about their future in the country due to Trump's crackdown on immigration, they are sending more money back to their home countries, leading to a significant increase in remittance transfers. In the case of Honduras, the article states that remittance transfers have jumped by 25%, as migrants believe their time in the US may be cut short and want to ensure their money is safer back home. This trend is seen as a response to the Trump administration's aggressive deportation policies, which have created a sense of uncertainty and fear among the immigrant community. The article suggests that the surge in remittance flows is a direct consequence of the Trump administration's approach to immigration, with migrants taking preemptive measures to protect their financial assets in light of the perceived threat of deportation.

Source: For the complete article, please visit the original source link below.

Related Articles

Call for Miliband to be sacked as second oil refinery loses jobs
🏛️ Politics9h ago1 min read

Call for Miliband to be sacked as second oil refinery loses jobs

'We want her back', Wes Streeting praises Rayner at Labour conference
🏛️ Politics9h ago1 min read

'We want her back', Wes Streeting praises Rayner at Labour conference

Uruguay Wants Rich Expats to Pay More to Qualify for Tax Breaks
🏛️ Politics10h ago1 min read

Uruguay Wants Rich Expats to Pay More to Qualify for Tax Breaks

'It's not jubilation... ' On the ground at Labour Party conference
🏛️ Politics10h ago1 min read

'It's not jubilation... ' On the ground at Labour Party conference

Russian Oil Flows Show Buyers Shunning Trump’s Push to End Trade
🏛️ Politics10h ago1 min read

Russian Oil Flows Show Buyers Shunning Trump’s Push to End Trade

Trump’s Gaza Plan Holds Out Brittle Chance of Peace
🏛️ Politics12h ago1 min read

Trump’s Gaza Plan Holds Out Brittle Chance of Peace