Macy's is discontinuing its business relationship with billionaire Donald Trump over the Republican presidential candidate's controversial comments about immigrants.
“We are disappointed and distressed by recent remarks about immigrants from Mexico," Macy's said in a statement. "We do not believe the disparaging characterizations portray an accurate picture of the many Mexicans, Mexican Americans and Latinos who have made so many valuable contributions to the success of our nation."
“In light of statements made by Donald Trump, which are inconsistent with Macy’s values, we have decided to discontinue our business relationship with Mr. Trump and will phase-out the Trump menswear collection, which has been sold at Macy’s since 2004,” the statement continues.
“Donald Trump has attacked Mexican immigrants as ‘rapists’ and ‘killers,'” Angelo Carusone wrote in the petition. “It’s time for Macy’s to follow Univision’s and NBC’s lead and finally dump Trump.”
Trump has not responded lightly to the numerous businesses cutting ties with him. It was announced Tuesday that he has filed a $500 million lawsuit against Univision, and he released a statement about Macy's shortly after Macy's released its own.
My recent statement re: @macys -- We must have strong borders & stop illegal immigration now!… https://t.co/HLCboRmTbl— Donald J. Trump (@Donald J. Trump)1435764113.0
"I have decided to terminate my relationship with Macy's because of the pressure being put on them by outside sources," Trump's statement reads. "While selling Trump ties and shirts at Macy's is a small business in terms of dollar volume, my principles are far more important and therefore much more valuable. I have never been happy about the fact that the ties and shirts are made in China, and should I start a new product line somewhere in the future, I would insist that they are made in America."
"Quite frankly, I was never satisfied with manufacturing my product in China, but because of what they've done in terms of devaluing their currency, it is very hard for other companies to compete and make such apparel in the United States," Trump's statement continues. "These are the kinds of issues I am committed to addressing. Securing our border, negotiating trade deals that benefit the United States and bringing jobs back to America is my top priority."
You can read Trump's entire response here.
This post has been updated.