Donald Trump Junior, the eldest son of President Donald Trump, said that India is an important market for the Trump Organization, but, according to him, the company will lose out on new deals because of self-imposed restrictions put in place by his father since he took office, Reuters reports.
Trump Jr. made this statement at the beginning of his trip aimed at seeking buyers for his luxury residential projects in several Indian cities. His comments appeared aimed at blunting criticism that there could be possible conflict of interest in pushing the Trump brand name. According to president’s son, new businesses would take a hit in India.
“Few years ago, I said it would become our largest (market) because I really believed in the market. I think it will continue to be the same when I am able to get back in the market and focus on the business side, on new deals again in the future, once my father is out of office,” Trump Jr. said.
Before entering the White House, the president announced that he would hand off control of his business empire to his sons Donald an. Trump also said that he would move his assets into a trust to help ensure that he would not consciously take actions as president that would benefit him personally.
Before Trump Jr.’s visit, the development partners of Trump’s company launched an advertising campaign in India to lure buyers. According to the promoter, among the buyers for apartments are a famous Indian cricketer and an art maestro, but their names were not revealed.
“India, it has been an important market for us, but again there is this opportunity cost of the deals that we are not able to do that don’t get discussed,” Trump Jr. said, shrugging off criticism about profiteering from the president, according to Reuters.
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