Mexican Businessman to Trump: I Bring Investment, Not Crimeby
The chairman of Mexico’s largest petrochemical company is telling Donald Trump that the U.S. deserves better than the fear and divisiveness the Republican presidential candidate has been peddling to voters.
Mexichem SAB Chairman Juan Pablo del Valle published an open letter to Trump on Twitter, writing that he does not bring crime or drugs to the U.S. -- rather, he’s invested more than $2 billion in the country over the past five years. "We operate in 13 states and provide thousands of good paying jobs," he wrote.
Del Valle, son of billionaire Antonio del Valle, said the two countries’ fates are intertwined by geography, history, culture, values and the North American Free Trade Agreement, and one cannot succeed if the other fails.
"Isolation, fear, insults and social divisiveness cannot possibly be a path to greatness for a president or a country," he wrote. "I hope that you would be capable of defining the kind of positive, innovative leadership that the United States needs and our times demand. But, color me skeptical."
Trump has made immigration control a centerpiece of his campaign, promising to build a wall on the U.S.-Mexico border to stop illegal crossings that he says includes “rapists” and “killers.” He’s said he’ll use economic leverage to force Mexico to pay the multi-billion-dollar price tag for the wall’s construction.
Former Mexican President Vicente Fox used an expletive earlier this year to describe the wall, saying Mexico would not pay for it.
Mexichem, Latin America’s biggest plastic pipe maker, bought U.S.-based Dura-Line Corp. for $630 million in 2014. Sixteen percent of the company’s revenues come from its northern neighbor. The company produces materials that are integral to U.S. products like solar panels, oil pipe linings, polyethylene pipes and pharmaceuticals, according to the letter.
Del Valle’s comments join those of Mexico’s foreign minister, Claudia Ruiz Massieu, who called for greater integration between the countries. Earlier this month, she cited the proposed Trans-Pacific Partnership as an opportunity to deepen the trade relationship created by NAFTA.