Trump company not to ban private foreign deals unlike its first term policy

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Trump company not to ban private foreign deals unlike its first term policy - Business Standard

Quick Summary:

The so-called ethics white paper bars the Trump Organisation from striking deals directly with foreign governments, but allows ones with private companies abroad, a significant departure from President-elect Donald Trump's first term.

The Trump family business released a voluntary ethics agreement Friday that allows it to strike deals with private foreign companies, a move that could help outside actors try to buy influence with the new administration.

An ethics pact that Trump signed eight years ago barred both foreign government and foreign company deals.