Trump’s Business Partner Will Be Manila’s Man in Washington
- Developer licensed Trump’s name for tower in Philippines
- Trump’s business ties become potential conflict of interest
Donald Trump’s Conflict of Interest Quandary
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Among the conflict-of-interest questions swirling around U.S. President-elect Donald Trump’s global business interests, Trump Tower at Century City in Manila’s financial district stands out.
Century Properties Group Inc. of Manila, the company behind the $150 million tower that’s set to open next year, paid as much as $5 million to use the Trump name, in a licensing agreement that’s common for the president-elect. Trump has at least 10 similar licensing deals around the world, each of which might complicate his administration’s international diplomacy, according to ethics specialists.