From Vietnam to the Balkans, Donald Trump’s family has launched a global dealmaking blitz since his re-election
Sun 30 Nov 2025 01.00 EST
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Acrusading prosecutor in the Balkans comes under pressure to drop a big case. Vietnamese villagers learn they are to be evicted. A convicted crypto kingpin in the Gulf receives a pardon.
All have one thing in common: they appear to be connected to the Trump family’s campaign to amass riches around the world. Since Donald Trump’s re-election a year ago, warnings that his use of presidential power to advance personal interests is corroding American democracy have grown ever louder. What is less understood – and perhaps even more dangerous – is the damage this is doing everywhere else.
Trump’s eldest sons, Don Jr and Eric, formally the custodians of the family business, are conducting a global dealmaking blitz. They have broken ground on new golf courses, received permission for new skyscrapers, rented out the Trump brand, and in cryptocurrency they have embraced a venture with the capacity to bring in more than everything that has gone before.
They insist, in Eric’s words, that there is a “huge wall” between this moneymaking and their father’s position as the most powerful man alive. “Nothing I do has anything to do with the White House,” Eric told CNN recently.
But Kristofer Harrison, a senior foreign policy official under President George W Bush who now runs an anti-corruption organisation called the Dekleptocracy Project, is among those accusing the Trumps of operating a “pay to play” system that benefits those who do business with the president’s family. Such an approach could be manipulated, he said, especially by rival powers such as China. He said: “Trump has made authoritarians’ wildest dreams come true.”
Despite allegations – denied by the White House – of conflicts of interest, no explicit quid pro quos have been proven. But the Trumps’ business interests are raising questions about convictions that have been quashed, sensitive technologies transferred, tariffs eased, alliances forged. Should any of this give the appearance of abuse of public office for private gain – commonly known as corruption – ethics experts fear it invites other rulers to do the same.
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
In July, David Sacks, one of the Trump administration’s top technology officials, beamed as he strode onstage at a neoclassical auditorium just blocks from the White House. He had convened top government officials and Silicon Valley executives for a forum on the booming business of artificial intelligence.
The guest of honor was President Trump, who unveiled an “A.I. Action Plan” that was drafted in part by Mr. Sacks, a longtime venture capitalist. In a nearly hourlong speech, Mr. Trump declared that A.I. was “one of the most important technological revolutions in the history of the world.” Then he picked up his pen and signed executive orders to fast-track the industry.
Almost everyone in the high-powered audience — which included the chief executives of the chipmakers Nvidia and AMD, as well as Mr. Sacks’s tech friends, colleagues and business partners — was poised to profit from Mr. Trump’s directives.
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WASHINGTON, D.C. — President Donald Trump’s job approval rating has fallen five percentage points to 36%, the lowest of his second term, while disapproval has risen to 60%. The latest decline follows three months of stability, with 40% to 41% of Americans expressing approval of his handling of the presidency. His prior second-term low point in approval was a statistically similar 37% in July, and his all-time low was 34% in 2021, at the end of his first term after the Jan. 6 attack on the Capitol.
https://news.gallup.com/poll/699221/trump-approval-rating-drops-new-second-term-low.aspx