How Will Trump Balance His Conflicts of Interests?
The Industrial & Commercial Bank of China Ltd., a state-controlled enterprise and the world’s biggest lender by assets, is due to renegotiate its lease at Trump Tower in Manhattan during Donald Trump’s presidency -- a business matter that may raise constitutional questions for the incoming president, ethicists say. The bank’s lease is slated to end in October 2019, adding its renewal to the list of potential conflicts of interest for president-elect Trump, who has vowed to slap steep tariffs on Chinese imports and declare China a currency manipulator. Bloomberg columnist Tim O'Brien and UniCredit Bank Global Chief Economist Erik Nielsen discuss with Francine Lacqua on "Bloomberg Surveillance." (Corrects guest's name.) (Source: Bloomberg)