We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
US
Pocketmags Digital Magazines

THE MAN WHO SOLD THE WORLD

IF DONALD TRUMP GETS INTO THE WHITE HOUSE, HIS MANY FOREIGN BUSINESS DEALS WILL CREATE A NATIONAL SECURITY NIGHTMARE

IF DONALD TRUMP IS ELECTED PRESIDENT, WILL HE AND HIS FAMILY SEVER ALL CONNECTIONS TO THE TRUMP ORGANIZATION, a sprawling business empire that has spread a secretive financial web across the world? Or will Trump instead choose to be the most conflicted president in American history, one whose business interests will constantly jeopardize the security of the United States?

Throughout this campaign, the Trump Organization, which pumps potentially hundreds of millions of dollars into the Trump family’s bank accounts each year, has been largely ignored. As a private enterprise, its businesses, partners and investors are hidden from public view, even though they are the very people who could be enriched by—or will further enrich—Trump and his family if he wins the presidency.

A close examination by Newsweek of the Trump Organization, including confidential interviews with business executives and some of its international partners, reveals an enterprise with deep ties to global financiers, foreign politicians and even criminals, although there is no evidence the Trump Organization has engaged in any illegal activities. It also reveals a web of entanglements that could not be unwound or simply put in a blind trust, as other politicians have done with their stock portfolios to avoid conflicts. If Trump moves into the White House and his family continues to receive any benefit from the company, during or even after his presidency, almost every foreign policy decision he makes will raise serious conflicts of interest and ethical quagmires.

WEB OF INTRIGUE: Trump and his many family members receive millions each year from the Trump Organization, which gets most of its profits from a complex web of licensing deals all over the globe.
DENNIS VAN TINE/ABACAUSA/NEWSCOM; PREVIOUS SPREAD: JOHN TAGGART/BLOOMBERG/GETTY

THE MUMBAI SHUFFLE

THE TRUMP Organization is not like the Bill, Hillary & Chelsea Clinton Foundation, the charitable enterprise that has been the subject of intense scrutiny about possible conflicts for the Democratic presidential nominee. There are allegations that Hillary Clinton bestowed benefits on contributors to the foundation in some sort of “pay to play” scandal when she was secretary of state, but that makes no sense because there was no “pay.” Money contributed to the foundation was publicly disclosed and went to charitable efforts, such as fighting neglected tropical diseases that infect as many as a billion people. The financials audited by Pricewaterhouse-Coopers, the global independent accounting company, and the foundation’s tax filings show that about 90 percent of the money it raised went to its charitable programs. (Trump surrogates have falsely claimed that it was only 10 percent and that the rest was used as a Clinton “slush fund.”) No member of the Clinton family received any cash from the foundation, nor did it finance any political campaigns. In fact, like the Clintons, almost the entire board of directors works for free.

READ MORE
Purchase options below
Find the complete article and many more in this issue of Newsweek International - 23rd September 2016
If you own the issue, Login to read the full article now.
Single Issue - 23rd September 2016
$4.99
Or 499 points
Annual Digital Subscription
Only $ 0.67 per issue
SAVE
87%
$33.99
Or 3399 points
Monthly Digital Subscription
Only $ 0.94 per issue
SAVE
80%
$3.99
Or 399 points

View Issues

About Newsweek International

This week Newsweek EU reports on Donald Trump getting into the White House; his many foreign business deals could create a national security nightmare.
Ways to Pay Pocketmags Payment Types
At Pocketmags you get Secure Billing Great Offers HTML Reader Gifting options Loyalty Points