Ahead of Trump’s inauguration, Trump Organization expands its global business
As Donald Trump prepares to take office as the 45th President of the United States, his business empire, the Trump Organization, is making moves to expand its global reach. This expansion comes amidst concerns about potential conflicts of interest between Trump’s role as President and his business interests.
One of the most recent developments in the Trump Organization’s global business expansion is the announcement of plans to open a new luxury hotel in the heart of downtown Vancouver, Canada. The hotel, which is set to open in early 2017, will be located in a prime location and will feature stunning views of the city skyline and waterfront. This marks the second international hotel to be opened by the Trump Organization since Trump’s election victory in November.
In addition to the new hotel in Vancouver, the Trump Organization is also reportedly exploring opportunities to expand its hotel portfolio in other international markets, including locations in Asia and the Middle East. This move is seen as part of a broader strategy to capitalize on the Trump brand and appeal to high-end consumers around the world.
However, the expansion of the Trump Organization’s global business interests has raised concerns about potential conflicts of interest and ethical issues. Critics have pointed out that Trump’s role as President could potentially influence decisions made by foreign governments and business partners who have dealings with the Trump Organization. There are also concerns about whether the Trump Organization’s international expansion could be seen as a way for foreign entities to gain favor with the new President.
To address these concerns, Trump has announced that he will step down from his role in the Trump Organization and hand over control of the business to his two sons, Donald Jr. and Eric. However, ethics experts have argued that this arrangement may not go far enough to eliminate potential conflicts of interest, as Trump will still retain ownership of the business and could potentially be influenced by decisions made by his sons.
As Trump prepares to assume the highest office in the land, the expansion of the Trump Organization’s global business interests raises important questions about the potential conflicts of interest that could arise. It remains to be seen how these issues will be addressed and whether the Trump Organization’s international expansion will continue to grow under the new President’s leadership.
