Monday , February 6 2023

China buys Trump, approves trademarks for companies associated with it and its daughter –


In October, the Chinese authorities preliminarily approved 16 trademarks of Ivanka Trump Marks LLC. They relate to business in the field, for example, fashion accessories such as sunglasses or purses.

Beijing approved them about three months after Trump announced to leave the company in order to fully devote to the work of the advisor to the presidency.

US President Donald Trump in Beijing (archive photo from November 2017).

US President Donald Trump in Beijing (archive photo from November 2017).

PHOTO: Damir Sagolj, Reuters

China has also approved two trademarks containing the word Trump for DTTM Operations LLC. Against the prior approval of the stamp, objections may be filed within 90 days. If that does not happen, the decision will come into force, AP said.

Trump is opposed to the Chinese trade war

Applications from the Trump family to the Chinese authorities have been established since 2016. Trump won the presidential election this year, and joined the office at the end of January 2017.

The trade war between the two countries The United States launched a $ 25 billion dollar Chinese goods worth $ 25 billion in early July. In response, China introduced the same amount of customs duty on the same amount of US goods.

Since then, both countries have introduced additional measures. For example, in late August, Washington began applying a new tariff of 25 percent to China's $ 16 billion ($ 356 billion) additional Chinese imports. At the same time, Beijing imposed a similar obligation on American goods.

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