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Trait: Foreign influence is welcomed if it supports regime interests ×
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Jul 17, 2025 Trump Organization announced foreign real estate deals in Serbia, Romania, and Saudi Arabia Corroborated Economic Structure
The sitting president's company entered multiple foreign real estate partnerships with government-linked entities, creating potential conflicts of interest and leverage points for foreign influence.
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Supporting reports
- Trump Organization announces Trump Tower Belgrade deal with Affinity Partners on Serbian military site — The Trump Organization announced a deal with Affinity Partners to build Trump Tower Belgrade on a former military site owned by the Serbian government. Affinity Partners is a private equity firm launched in 2021 by Trump's son-in-law Jared Kushner and funded by $2 billion from the Saudi government's Public Investment Fund and other foreign governments. The deal involves the Trump Organization licensing its brand to develop property on Serbian government-owned land.
- Trump Organization announces Trump Tower Bucharest deal with Romanian developer SDC Imobiliare — The Trump Organization announced a partnership with SDC Imobiliare, a Romanian luxury real estate developer, to build Trump Tower Bucharest in Romania's capital. The arrangement involves SDC Imobiliare paying licensing fees to the Trump Organization for use of the Trump brand. The project requires permits from Romanian government officials, creating potential leverage for Romania—which is seeking restoration of its Visa Waiver Program status revoked by the Trump administration in May and wants the U.S. to maintain military presence at Mihail Kogălniceanu Air Base. SDC Imobiliare's co-owner is under investigation in a corruption case involving a politician sentenced to eight years for bribery and money laundering.
- Trump Organization announces two new real estate projects in Saudi Arabia with Dar Global — The Trump Organization announced a partnership with luxury developer Dar Global to build two new real estate projects in Saudi Arabia. This follows the company's removal of restrictions on foreign deals in its January 2025 ethics statement, which previously prohibited new foreign deals during Trump's presidency. The Saudi projects are part of the Trump Organization's expanded global real estate portfolio announced during Trump's second term.
Verified: Corroborated — 2+ independent news desks
Week 26 – 2025-07-12–2025-07-18
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