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The investigations could also generate negative publicity as the company seeks to expand.
A new stream of trading partners may emerge with Trump out of the spotlight.
For the past four years, Bobby R. Burchfield, a Washington attorney, has served as an ethics advisor to the Trump Organization, analyzing potential deals and business partners. The exams made it difficult for some to pass the exam, while others were spooked by the public’s attention.
That scrutiny will now disappear, opening up a portfolio of new partners.
And with more than $ 300 million in past due debt that the president has personally guaranteed, there may be some urgency for the Trump Organization to align new deals. Additionally, an adverse failure in an audit battle with the Internal Revenue Service could cost you more than $ 100 million, The Times reported in September.
A polarized country and the pandemic could hamper a rebound.
Some of Trump’s most lucrative holdings are in Democratic strongholds, like New York and Chicago, where he remains deeply unpopular. And its biggest revenue generator, its Doral golf resort in Florida, has seen a drop in conference revenue as some large companies and organizations stayed away due to its split.
As president, Trump has tried to fill the void, at least in part, through events booked on his properties by groups connected to him and Republican politics. The Trump International Hotel near the White House was often packed with partisan allies.
It is unclear if that sponsorship will continue or if Trump critics will return to their properties once he leaves office. Additionally, it has been a difficult year for the hospitality industry due to the pandemic, and headwinds have also affected commercial real estate. Both are critical to Trump’s portfolio of businesses.
There may be another presidential act for Trump or his sons.
Trump, of late, has privately raised the idea of running again in 2024. And the prospect of another Trump presidential race could have a crippling effect on his business in the intervening years, at least in countries like China, where there is a dearth of Ethical and legal conflicts could arise.
The president also cannot be the last Trump to run for elected office.
Donald Trump Jr. and Ivanka Trump may have future political aspirations and that could slow down some growth plans. The risks are greatest on the international front, where potential conflicts of interest abound.
