As political tensions between Central American countries and the US ramp up, the cash flows are being caught in the line of fire.

Augusta Godínez Pérez lives in Cuilco, Guatemala, in an eight-room home paid for thanks to remittances sent back by her two sons in the US © Ben Marino/FT

US president Donald Trump has begun to use remittances as a political weapon; in July he threatened Guatemala that unless it agreed to act as a safe third country for refugees, he would slap taxes on the money that its citizens in the US send home.

And Mr Trump’s crackdown on migrants in the US has hit their families’ pockets, the Financial Times reports.