Univision won't be airing the upcoming Miss USA pageant and has said it won't work with its parent company, the Miss Universe Organization, in response to part-owner and Republican presidential candidate Donald Trump's recent remarks on Mexicans and immigration.

In a statement released on Thursday, the media company called Trump's comments "insulting":

Today, the entertainment division of Univision Communications Inc. announced that it is ending the Company's business relationship with the Miss Universe Organization, which is part-owned by Donald J. Trump, based on his recent, insulting remarks about Mexican immigrants. At Univision, we see first-hand the work ethic, love for family, strong religious values and the important role Mexican immigrants and Mexican-Americans have had and will continue to have in building the future of our country. We will not be airing the Miss USA pageant on July 12th or working on any other projects tied to the Trump Organization.

Univision News and the local news division will continue to provide comprehensive coverage of all candidates, including Mr. Trump, to ensure our audience continues to have access to all points of view.

Univision is referring to comments Trump made in his mid-June announcement that he would be running for president.

According to Reuters:

In his speech, Trump said Mexico was not a friend of the United States ... describing Mexican migrants to the country as drug-runners and rapists.

The freshly minted Republican candidate pledged to build "a great, great wall on our southern border," adding that he would ensure that Mexico pay for it.

The Trump organization released the following statement on Univision's decision:

The Mexican government and others are putting tremendous pressure on Univision to break their signed and fully effective contract with the Miss Universe Organization because Mr. Trump has been exposing to the public, and the world, the significant damage that is being done at the southern border, and the terrible and costly trade deals that the United States is incompetently making with Mexico (these deals are great for Mexico and horrible for the United States). This has been sharply and openly brought out during Mr. Trump's run for President of the United States.

"Mexican leadership has been doing serious damage to the United States by out-negotiating our representatives and political leaders. They are taking our jobs, taking our money and at the same time hurting us at the border with illegals from all over the world freely flowing into our country."

Mr. Trump cannot be silenced on this very important problem for the United States. I have great respect for Mexico and love the Mexican people, but my loyalty is to the United States and making our country great again!

On Wednesday evening, Trump stood by his comments, blaming the media for distorting their meaning.

"I am personally offended by the mainstream media's attempt to distort my comments regarding Mexico and its great people," he said. "I have many successful business relationships with Mexican companies and employ, and am close friends with, many Mexican people. I also have tremendous respect for the leaders of Mexico, who, frankly, are much smarter and tougher than our politicians here in the United States."

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