Amid concerns over conflicts, real-estate company is forgoing some deals
.. the steps Mr. Trump has taken to separate his presidency from his business interests—including turning over management to his children and transferring his ownership to trusts—have been inadequate, largely because he remains the beneficiaries of those trusts.
.. They also point out the potential conflicts in Mr. Trump’s Mar-a-Lago club in Florida, where he frequently hosts foreign dignitaries and where the membership fee was raised to $200,000 earlier this year.
.. “But the concern is he could do favors for people in office with the expectation that he would receive a benefit sometime in the future.”
.. An analysis by The Wall Street Journal last year of candidate Trump’s financial disclosures concluded his company had pretax profits of about $160 million a year.
.. Typically, in overseas deals, high-end hotels and golf courses are owned by local investors and licensed and managed by the Trump Organization.