Even as US industries suffer as President Donald Trump continues his trade war with China, his daughter and senior White House advisor Ivanka Trump may be profiting from Chinese markets.
CBS News reports that the Chinese government approved five preliminary trademarks linked to Trump’s companies in January. They include child care centers, sunglasses, wedding dresses and charitable and art valuation services.
Although Trump put aside her leadership role in the companies when she joined the Trump administration, experts tell CBS that the trademarks lay the groundwork for future profits.
“Ivanka receives preliminary approval for these new Chinese trademarks while her father continues to wage a trade war with China,” noted Citizens for Responsibility and Ethics in Washington.
“Since she has retained her foreign trademarks, the public will continue to have to ask whether President Trump has made foreign policy decisions in the interest of his and his family’s businesses,” they wrote.