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Macy's cuts ties with Trump over Mexican immigration comments

Macy's is joining the line of companies cutting ties with Donald Trump over the real estate mogul's comments about Mexican immigrants.

In this case, it's neckties. The retailer has marketed a line of menswear with the Trump label since 2004. But in a statement issued Wednesday, Macy's said it was "disappointed and distressed" over Trump's June 16 remarks regarding U.S. immigration policy in which he made derogatory remarks about Mexicans. He said Mexican immigrants were bringing drug and crime into the U.S.

"We have no tolerance for discrimination in any form," Macy's said in a statement.

Trump made the comments at the kickoff of his campaign for the 2016 Republican presidential nomination and has been taking heat ever since.

Trump has already lost business from Univision, which will not air the Miss USA and Miss Universe pageants. NBC, Trump's partners in the pageants, has also announced it will sever ties with Trump, and will keep him off his hit reality show "Celebrity Apprentice." Mexican TV companies Televisa and TV Ora have also parted ways with Trump.

The move by Macy's is a sign that the Trump brand name, a major source of income for the billionaire, is becoming tarnished as a result of the controversy.

The ties and shirts in the Trump line were still on the Macy's website Wednesday at discounted prices.

Trump has showed no sign of backing away from his immigration view. In a Tuesday interview on Fox News Channel's "The O'Reilly Factor," he said, "It's totally accurate. ... The border is a disaster."

In response to the Macy's announcement, Trump issued a tweet that said, "We must have strong borders & stop illegal immigration now!"

Trump has filed a $500-million lawsuit against Univision, saying its decision to dump his pageants is a politically motivated attempt to squelch free speech. Univision's principal owner, Haim Saban, is a supporter and fundraiser for Hillary Rodham Clinton, the leading candidate for the Democratic nomination.

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