Before he won in 2016, the Trump Organization expanded its business in India, signing deals in two more big cities.
The day after Trump's victory in November, a developer in India told local media about half a dozen new deals. Like the others, Indian firms buy the land, build the high-rises, sell the units and pay a fee to use the Trump name.
These deals are putting India even more squarely in the Trump Organization's sights. And with Trump on his way back to the White House, the country is emerging as center stage for potential conflicts of interest.
In Trump's first term, it was uncharted territory for a sitting US president to have extensive business interests in foreign countries. During his second term, the Trump Organization aims to issue a more limited ethics plan that is unlikely to significantly curb its growth.
Denne historien er fra December 10, 2024-utgaven av Financial Express Kochi.
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Denne historien er fra December 10, 2024-utgaven av Financial Express Kochi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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