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Trump business may face downfall during his Presidency

by on December 13, 2016
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New Delhi: United State New President Donald J. Trump who will join the office on January 20, 2017 may face severe downfall in his real estate business as he has announced that no new deal will be done in the work during his presidential period.

Trump has made it clear that he will no longer run his business too. He said he is going to take over much bigger responsibility. Being the new President of the country he could’ot give time to his family business and decided that he is going to quit all the official position in his business.

In series of tweets, Trump said even though he is not bound by law to vacate all the official position in the business he will still leave it. By 20th January, date of joining the President office, Trump said he will leave the business. The would be President further said his two children Don and Eric along with other members of the board of director will take care of the business. ” I will hold a press conference in the near future to discuss the business, cabinet picks and all other topics in the interest . Busy time!”, he added.

Trump announced that during his presidential period no new deal will be done in his real estate business. That simply mean that Trump may face new dip fall in his business as real estate is already in the low due to current inflation scenario.

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