20 Mar 2023 12:08 am
I just hope we are not engaged in economic colonialism.
American company outraged after Mexican military, police seized Caribbean facility: 'This is insane' (msn.com)
The seizure of an American company's quarry facility in Mexico by the Mexican military and local state police has sparked outrage among former and current government officials, as well as appeals for the Biden administration and the Mexico's U.S. ambassador to intervene.
According to Vulcan Materials, an Alabama-based company and the largest producer of construction aggregates in the U.S., members of the Mexican military and local police forced the company to allow CEMEX, a Mexican-owned materials company, to unload a shipment of cement from a ship in the port.Vulcan used to do business with CEMEX but the partnership broke down. However, the military and police have remained in control of the property and have given no indication they plan to leave, the company said.
"This forcible seizure of private property is unlawful and unacceptable. It is shameful that this Mexican presidential administration would rather confiscate American assets than the fentanyl killing hundreds of Americans per day," she said."President Biden must raise this directly with President López Obrador and assure the American people that this will not be tolerated. The ramifications of this illicit seizure extend into the United States, significantly hamstringing important American infrastructure, energy and other construction projects that currently rely on Vulcan’s operations in Mexico for materials. "Getting pretty used to the Biden administration letting China and Russia kick sand in our faces (covid and fentanyl deaths, spy balloons, taking down U.S. MQ-9 Reaper)—but now Mexico, too?" "The Biden administration needs to engage immediately to defend a U.S. company and to protect U.S. interests. This is the only deep water port on the Yucatán Peninsula. Significant geopolitical and economic implications," he added.