What Trump’s taxes tell us about his foreign entanglements

“Trump has back-slapped the authoritarian leaders of the three main countries cited by the Times’s report: the PhilippinesIndia, and Turkey. It’s less clear now if the bonhomie stems from their diplomatic relationships or because they lead nations that are lucrative for the president.

Turkey is perhaps the best example of this conundrum.

Trump said last year that he was a “big fan of” President Recep Tayyip Erdoğan, but their relationship hit some snags over Ankara’s attacks on US allies in Syria and its unlawful imprisonment of an American pastor.

When US-Turkey ties were low, the Times recalled a few curiosities:

“[In 2018,] a Turkish business group canceled a conference at Mr. Trump’s Washington hotel; six months later, when the two countries were on better terms, the rescheduled event was attended by Turkish government officials. Turkish Airlines also chose the Trump National Golf Club in suburban Virginia to host an event [in 2017].”

In other words, countries like Turkey can potentially find ways to Trump’s heart by ensuring money goes into his family’s pocket in hopes of altering US foreign policy. The Trump Organization, then, gives nations an unprecedented extra leverage point to influence an American president.”

“If the president makes decisions based on his private interests, and not the public’s, then he’s subjugating the demands of US foreign policy for the bottom line of his family’s business.”

“That issue becomes more acute when you factor in Trump’s $421 million in debt, much of it owed in the next four years. It’s unclear exactly who he owes that money to, but it’s not unreasonable given the scope of the Trump Organization’s foreign business to assume some of the debt is held by foreign lenders” 

https://www.vox.com/2020/9/28/21459803/trump-taxes-nyt-foreign-business-national-security

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