Over the weekend, the Mexican military made an outrageous and illegal move by seizing assets belonging to a reputable American company, Vulcan Materials. This action has not only drawn criticism from a US senator but also risks sparking more tension between the two nations amid spats over energy and security issues. According to Bloomberg reports, Vulcan Materials alleges that the armed forces, including those from the Mexican government, launched a hostile takeover of its facility in southeast Mexico on Tuesday. The company has even disclosed that a federal judge in Mexico has already ordered a stay on any government effort to confiscate the property temporarily.
'This Is Insane': Mexican Military Just Seized Assets of an American Company https://t.co/yJEhAxXzEv
— Townhall.com (@townhallcom) March 20, 2023
This situation is unacceptable as it sends a frightening signal of Mexico’s lack of respect for American companies and their property rights. National Security experts have raised the alarm, calling the move “insane,” and Former Director of National Intelligence John Ratcliffe is also weighing in, criticizing President Joe Biden’s weakness on the world stage. It should come as no surprise that Mexico feels enabled to act in this way, given the political climate in America. President Biden has openly displayed his deference to Mexico, rubber-stamping their importation of cheap labor and undermining American energy independence.
— Cliff Sims (@Cliff_Sims) March 19, 2023
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… https://t.co/WFjFueUmNw
— John Ratcliffe (@JohnRatcliffe) March 20, 2023
— Guy Benson (@guypbenson) March 15, 2023
All of this comes in the wake of the recent outcry for additional tools to use military force against cartels in Mexican cities. This is yet another example where weak American leadership emboldens foreign entities to act against American interests without fear of retaliation. Mexican President Andrés Manuel López Obrador’s behavior in this situation is unacceptable, and it’s time for the Biden administration to take a stand and show that America won’t stand idly by while our companies and their property are being seized. It’s important that we defend our sovereignty and hold other nations accountable for their actions that are detrimental to our interests.