Trump's return to business after leaving the White House 3
Donald Trump has long complained that being President has cost him billions of dollars.
Since Trump ran America, the Trump Organization has not closed a new deal in the hotel sector.
The ban on new overseas transactions is perhaps the biggest blow.
Trump Brand at Doral Golf Resort near Miami.
After being elected, Trump refused to sell off shares in the Trump Organization.
Democrats and many others say the restrictions are half-hearted and that this approach does not stop the president from turning his resorts and hotels into profit-seeking centers for campaigners.
Now, when voters refuse to give him the opportunity to run America for another term, Trump can return to his business career.
NYT quotes close sources as saying that no longer bound by regulations to avoid conflicts of interest, the Trump Organization can now look for hotel and other business deals.
The fastest way for the Trump Organization to raise money is to access international agreements, licensing partners to use the `Trump` brand for real estate projects such as hotels or apartments.
When Mr. Trump entered the White House in 2017, Trump Organization leaders said the company had to abandon more than 20 deals using such brands in China, Israel and throughout South America.
New business partners may also emerge when Trump leaves the White House.
However, his company still faces legal challenges.
The Manhattan District Attorney’s Office is investigating Trump and his company for suspected financial and tax violations.
In addition, with a debt of more than $300 million about to mature that Trump personally guaranteed, the Trump Organization may have to urgently arrange new business deals.
A polarized nation and the pandemic could also hinder the Trump Organization’s recovery.
As president, Trump tried to fill this void through booked events at his resorts.
It’s unclear whether that support will continue, or whether Trump’s critics will return to renting his properties when he leaves the White House.
However, the future of the Trump Organization also depends on the future political ambitions of the Trump family.
The president also may not be the last Trump family member to run for office.
Finally, there is Trump’s love for television.
During his time in the White House, Trump put his eldest sons in charge of the company along with a group of other executives.
After leaving the White House, how Trump repositioned himself within the family company is an issue that has attracted a lot of attention.
