Presidency is costing the family firm
Says Trump Jr in India
Donald Trump's presidency has cost the family firm "millions of dollars" in lost business, his son told an Indian newspaper during a visit aimed at drumming up sales of new luxury apartment complexes.
Donald Trump junior told the Times of India that the Trump Organization was turning down new business opportunities around the world because of his father's position.
"We are refraining from doing new deals while my father is in office," he said in an interview published yesterday.
"We are turning down deals worth hundreds of millions of dollars around the world."
Trump junior is in India to promote a series of luxury apartment developments being marketed under his father's name.
On Friday he will have dinner with dozens of people who have bought into a development in Gurgaon, a satellite of the capital where many major companies have their offices.
The 47-storey towers will comprise 250 homes and are expected to be completed by 2023, with price ranging from 55-110 million rupees ($850,000-$1.7 million).
Trump junior is on an unofficial visit to India, but will address a business conference on Friday on the subject of Indo-Pacific ties. Indian Prime Minister Narendra Modi is the keynote speaker at the event.