NEW YORK (AP) – The PGA canceled its tournament at his golf course. The banks say they are no longer lending to him. New York City wants to end its contract to operate the Central Park ice rink.
Hits for President Donald Trump’s business empire as the deadly riots at the US Capitol are part of a liberal “cancellation culture”, his son Eric told the Associated Press on Tuesday, saying his father would leave the presidency with a strong fire backed of millions of voters who will follow him “to the ends of the earth.”
“We live in a period of culture of cancellation, but it is not something that started this week. It̵
The remarks in an extended interview with the AP come amid an extraordinary setback against the Trump organization after thousands of presidential supporters stormed the Capitol last week in a violent uprising that sought to deter lawmakers from confirming Joe Biden’s victory in the presidential election.
Amid accusations Trump called for the mob, the PGA of America voted to deprive its namesake championship from Trump’s Prime Minister, New Jersey, golf course next year, a British golf organization said the British Open will not be played on a Trump property in the “foreseeable future “,” Stopped e-commerce company Shopify from running the Trump Store online, and New York City announced it would cancel contracts with Trump for skating rinks and a golf course in the Bronx.
“The president encouraged an uprising against the US government, a clear unconstitutional act,” Democratic Mayor Bill de Blasio said. “It simply came to our notice then.
And potentially most worrying of all, several banks, including one of his largest lenders, Deutsche Bank, have reportedly said they will no longer lend to Trump’s firm, raising the prospect that the president may have to dig into his own pockets to pay off his loan if he cannot refinance.
“We witnessed the President of the United States encouraging the rebels and refraining from calling on the National Guard to protect Congress in its performance of duty,” said a bank that cut ties, the New York Signature Bank, once so close to Trump, as it put his daughter Ivanka on its table.
Eric Trump seemed improper but belligerent when he spoke by telephone from his office in the Trump Tower. He dismissed hits as no major threat to a company that has minimal debt – $ 400 million against billions in assets – and can always drain its large real estate for cash, not to mention the loyalty of those stuck by the president.
“You have a man who would be followed up to the ends of the earth by hundreds of millions of Americans,” Eric Trump said. “He created the largest political movement in American history, and his possibilities are endless.”
Regardless of this positive assessment, the limited data available to his private firm assesses the Trump Organization’s golf properties as well as other parts of his business may struggle.
Its two Scottish golf courses have lost money for years, it had to stand on more than 1,000 workers last year due to coronavirus, apartment prices in Trump’s housing have fallen sharply and the company has not been successful in its plans to sell one of its most famous properties, the Trump International Hotel in Washington DC
A person dealing with members at Trump’s Golf Club in Bedminster said several members are considering freezing their membership after the Capitol riots and that it will be difficult to get new members to attend.
“They do not want to be publicly ashamed of being a member of his golf club,” said the person who requested anonymity because he did not want to lose his customers’ business. “Do you think a guy who works for a financial company or a pharmaceutical company wants to see his picture in the newspaper?”
Along with his father, Eric Trump spoke to the crowd on January 6, before many of them rushed to the Capitol, pushed over barriers, attacked police, vandalized the building and left five people dead.
“Have some backbone. Show some kind of fight. Learn from Donald Trump, “Eric Trump said before urging them to march on the Capitol. ”
President Trump said Tuesday during a visit to the Texas border wall that he bore no responsibility for promoting the insurgency, warning that efforts to charge him with his comments only threatened to divide the country further, “which is very dangerous.”
When asked directly in his interview if he felt his father was encouraging the audience, Eric Trump stopped, and then the line died.