No new foreign deals for Trump Organization during presidency: Lawyer

Donald Trump's huge business empire will undertake no foreign deals while he is US president, a lawyer advising his companies said Wednesday.

In restructuring the Trump organization into a trust to be managed away from his eyes and avoid conflicts of interest, the group has terminated more than 30 pending deals in recent weeks, said Sheri Dillon, an attorney for the group.

"The trust agreement as directed by President Trump imposes severe restrictions on new deals. No new foreign deals will be made whatsoever during the duration of Trump's presidency," she said.

Topics: US , politics , Trump , enterprises , property
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.