Summary
President Donald Trump's business projects, run by his family, are expanding internationally while he is in office. Recent plans for a Trump Tower in Belgrade, Serbia, have led to protests because of its location on a sensitive historical site. The Trump Organization, although officially managed by Trump’s sons, continues to have projects worldwide that sometimes overlap with U.S. foreign policy.
Key Facts
- The Trump Organization is working on global real estate projects, with some connected to countries where the U.S. also has foreign policy interests.
- A planned Trump Tower in Belgrade, Serbia, recently got political approval and led to protests over its location at a site with historical significance.
- The Serbian government quickly approved the project, which is linked to Jared Kushner, President Trump's son-in-law.
- Protests in Serbia have been partly due to the building's location on a site bombed by NATO in 1999.
- Trump’s Press Secretary stated there are no conflicts of interest from President Trump or his family regarding the business deals.
- Other projects, such as in Vietnam, have faced local protests and expedited approvals during Trump’s presidency.
- The Trump Organization has a total of 22 overseas projects at various stages, according to reports.
- President Trump remains the owner of the Trump Organization and has seen significant financial gains during his presidency, partly due to investments outside real estate, like cryptocurrency.