It appears these days, no one is safe across the southern border, not even US-owned companies.
Bloomberg reported that Mexican marines and police officers seized US construction firm Vulcan Materials' port terminal near Playa del Carmen in southern Mexico.
In a statement, Vulcan Materials claimed that Mexican officials did not possess any legal documentation to warrant the seizure of the terminal.
"It should be clear that the rule of law is no longer assured for foreign companies in Mexico," the Alabama-based company said in a statement.
The president shut down Vulcan's stone quarries last May, arguing the company had extracted or exported stone without approval.
US lawmakers, including Republican Senator Bill Hagerty of Tennessee, voiced concern about the forced takeover of the terminal.
This presents a significant concern for US companies considering relocating production from China to Mexico - how can they be sure their businesses will be safe from government seizure?
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