Presidency 'negative' for our realty business: Trump Jr.

February 23, 2018 14:27

American real estate magnate Donald John Trump Jr. has said his father's presidency is definitely a "negative" for the family's business, but the senior Trump will be back to the business post-presidency.

Trump Organization has not signed any new projects in India since Donald Trump took over as the president of the US in January 2017.

The company had announced last year that it would not enter into any new foreign deals while Trump is the White House to avoid any conflict of interest.

Stressing on how the Indian market is important for his company, Trump Jr., executive vice-president of the Trump Organisation said, "When we get back in business, India will be an important market for us."

He was speaking at an event organised by the Lodha Group, the Trump Organisation's local partner building the country's first Trump Tower in Mumbai, late last evening. The elder son of Trump said he's been coming to India for the past decade and "nurturing relationships".

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