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Tags: Foreign Business | Ventures | Conflicts | Trump | Presidency

WSJ: Foreign Business Ventures Rife With Conflicts for a President Trump

WSJ: Foreign Business Ventures Rife With Conflicts for a President Trump

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By    |   Wednesday, 02 November 2016 10:11 AM EDT

Donald Trump's many business ventures in foreign countries would create an unprecedented web of conflicts for a modern sitting president, The Wall Street Journal reported.

Trump and three of his adult children have done business with politically connected people and firms all over the world, creating potential conflicts of interest, the Journal reported.

Trump's position all along has been that he will step aside from the business dealings of Trump Organization, leaving the day-to-day dealings of the company to children Ivanka, Donald Jr. and Eric.

But according to a Newsweek report last month, it's not enough for Trump to step aside — his children would need to as well.

"The fact is that his family is involved in business with a list of players—I don't assume we know them all — in all kinds of places, in many of which the distinction between politics and business is blurry," Aaron Friedberg, a national security adviser for former Vice President Dick Cheney, told the Journal.

"Anybody you're dealing with in those places that has a lot of money is involved in politics in some way. How can you insulate it?"

One such conflict exists in Turkey, where Trump has a multi-million dollar licensing deal with Dogan Holding, the Journal reported. A media group also owned by Dogan has taken a pro-government stance since the failed coup, blaming a cleric who currently lives in Pennsylvania.

Would a President Trump administration extradite Fethullah Gulen out of deference to his business dealings?

"It's not unusual for people around the world successful in a business to play some role in government," Trump Organization general counsel Alan Garten told the WSJ.

"That doesn't mean there's anything wrong or inappropriate."

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Headline
Donald Trump's many business ventures in foreign countries would create an unprecedented web of conflicts for a modern sitting president, The Wall Street Journal reported.
Foreign Business, Ventures, Conflicts, Trump, Presidency
280
2016-11-02
Wednesday, 02 November 2016 10:11 AM
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