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Last update: Thu, 19 Jan 2017 07am
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No new foreign deals for Trump Organization during presidency: lawyer

imageNEW YORK: Donald Trump's huge business empire will undertake no foreign deals while he is US president, a lawyer advising his companies said Wednesday.

In restructuring the Trump organization into a trust to be managed away from his eyes and avoid conflicts of interest, the group has terminated more than 30 pending deals in recent weeks, said Sheri Dillon, an attorney for the group.

"The trust agreement as directed by President Trump imposes severe restrictions on new deals. No new foreign deals will be made whatsoever during the duration of Trump's presidency," she said.

Copyright AFP (Agence France-Press), 2017