Trump Jr. considers political ambitions – billion-dollar project launched in Vietnam!

Trump Jr. considers political ambitions – billion-dollar project launched in Vietnam!

At a business forum in Qatar today, Donald Trump Jr. said he is not ruling out a political candidacy in the future. In his humorous and thoughtful style, he responded to the question of whether he would “take the reins.” He noted that only a few people in the audience were clapping and joked that the people clapping were "the few people we know." reported.

While Donald Trump Jr. is busy with his political ambitions, his brother Eric Trump is advancing the family business in Vietnam. The country is at the center of a customs conflict with the USA. Vietnam is supporting a major Trump Organization real estate project that includes a $1.5 billion luxury residential complex and three 18-hole golf courses. Vietnamese Prime Minister Pham Minh Chinh and Eric Trump recently celebrated the start of construction on this project, which covers 990 hectares in Khoai Chau District in northern Vietnam. Chinh called on the authorities to support the project in proportion to the approval that was granted just last week announced the AP.

The dimensions of the project

The real estate project will include, among other things, golf courses, residential areas, commercial areas and parks. A planned golf course will be spacious with an area the size of 336 American football fields. The Trump Organization plans for work to begin this year and the project to be completed by 2029 explains t-online.

Eric Trump is expected in Ho Chi Minh City soon to discuss plans for another project that includes a skyscraper. He expressed his satisfaction with the cooperation with the Vietnamese real estate company Kinhbac City. A joint development of 5-star hotels, golf courses and luxury residential complexes was also announced in October, underscoring the Trump Organization's commitment to the region.

Customs conflicts and trade negotiations

Trade relations between the USA and Vietnam are under pressure. US President Donald Trump announced high tariffs on Vietnamese exports on April 2nd, but suspended them for 90 days. Vietnamese representatives have traveled to Washington to negotiate possible concessions to avoid the tariffs. Currently the tariff rate is 46% on certain products informs t-online.

Vietnam has the third-largest trade surplus with the US after China and Mexico. Recently, other US companies such as Excelerate Energy and SpaceX have also sought to invest in Vietnam. These growing trade relationships could play an important role in the US-Vietnam geopolitical environment in the future, especially considering ongoing tariff negotiations and expectations for future economic cooperation.