In a recent trip to the Gulf countries, President Donald Trump addressed various business matters, stating that discussions in Saudi Arabia did not involve plans for a Trump Tower in Syria or golf ventures. Meetings with Saudi Crown Prince Mohammed bin Salman and Syrian interim President Ahmed al-Sharaa did not touch upon potential real estate developments. Notably, Trump announced the lifting of sanctions on Syria but dismissed talks of a Trump Tower in Damascus for the time being.
Regarding business dealings, Trump expressed ignorance about a $2 billion investment deal involving Trump family-backed crypto coins and the Binance crypto exchange, emphasizing his enthusiasm for cryptocurrency. Additionally, he denied discussing the PGA or LIV Golf during his meetings. Trump, whose company owns golf courses, has been involved in negotiations between the PGA Tour and Saudi-backed LIV Golf, raising concerns about potential conflicts of interest.
Critics have raised questions about the Trump family’s multi-billion dollar business ties in the Gulf region and the potential influence these may have on the president’s decisions. The acceptance of a $400 million plane from Qatar has also sparked ethical and constitutional concerns. Despite assurances from the White House that Trump’s actions serve the public interest, scrutiny persists over possible conflicts of interest, with the Trump Organization clarifying that the president’s adult children manage his assets. The evolving dynamics of Trump’s business engagements and political responsibilities continue to draw attention and scrutiny.