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Trump’s Taste for Business Hardball May Sour U.S. Foreign Policy  

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Tue, 16 Aug 16 4:35 PM | 48 view(s)
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Trump can't be trusted in business, let alone leader of the free world...

Trump’s Taste for Business Hardball May Sour U.S. Foreign Policy
by Mike Dorning
August 16, 2016 — 5:00 AM EDT

The real estate mogul has a history of breaking deals

‘It’s called negotiation,’ he said in deposition for golf suit

As Donald Trump watched sales prices rise for apartments in the new Trump International Hotel and Tower in Chicago in 2007, he reneged on a promise to give early buyers a 10 percent discount.

They included lawyers, architects and brokers who had helped Trump erect the building. Some sued, while others felt compelled to pay the higher price. The incident illustrates a business philosophy that Trump has promised to adapt to international relations, if he is elected president: an alacrity to dispense with deals that he views as impediments.

"Even when he’s bound by a written contract, that still doesn’t limit what he thinks he can say or do," said Nathan Diamond-Falk, a Chicago attorney who purchased a unit with his wife, Judi, an architect who designed the project’s sales office, and later sued. "I wouldn’t believe a word he says."

Trump has promised to be a no-holds-barred negotiator and undo a range of global accords if elected president, a sharp break from traditional U.S. diplomacy that would have far-reaching consequences for the nation’s role on a world stage in which credibility is a crucial asset. His stance is a reflection of the hardball he’s played for decades as a real estate mogul. His taste for extreme tactics -- refusing to pay suppliers, defaulting on debts or threatening lawsuits to win concessions -- isn’t unusual in the industry where he made his fortune.

For a graphic explaining Trump’s lawsuits, click here.

http://www.bloomberg.com/politics/articles/2016-08-16/trump-s-taste-for-business-hardball-may-sour-u-s-foreign-policy




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