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August 10, 2026

Trump's Foreign Licensing Revenue Hits $59.5 Million in 2025 Amid Ethical Concerns

  • Trump generated $59.5 million in foreign licensing revenue in 2025, a 71% increase from 2024, largely from Gulf developers.
  • Over 60% of this revenue came from the UAE and Saudi Arabia, with significant payments from the UAE-backed Damac development company.
  • The Trump Organization's ethics policy allows foreign deals, prompting scrutiny over potential conflicts of interest amidst his presidency.

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