Univision has elected to end its business relationship with the Miss Universe Organization due to part-owner Donald Trump's "recent, insulting remarks about Mexican immigrants," the company told TheWrap on Thursday via a statement.
The broadcaster "will not be airing the Miss USA pageant on July 12 or working on any other projects tied to the Trump Organization," the entertainment group continued.
"At Univision, we see first-hand the work ethic, love for family, strong religious values and the important role Mexican immigrants and Mexican-Americans have had and will continue to have in building the future of our country," the company concluded.
Univision did promise that its news division would cover Trump's presidential run fairly.
On Wednesday, Latin performer J Balvin canceled his scheduled performance at the Miss USA pageant in protest of Trump's remarks.
"It was going to be my first performance on national [mainstream] television," Balvin told Billboard.
"We're talking about our roots, our culture, our values," he said. "This isn't about being punitive, but about showing leadership through social responsibility. His comments weren't just about Mexicans, but about all Latins in general."