Mexico sanctions new hotel and tourism for Trump company

Published on : Wednesday, March 15, 2017

mexico-tourism-boardDonald Trump on February 19, 2016, at a campaign rally in North Charleston, South Carolina, delivered a standard speech in which he vehemently protested against American jobs moving to Mexico. To quote the president “We lose our jobs, we close our factories, Mexico gets all of the work. We get nothing.”

On the same day, a law firm in Mexico City quietly filed a complaint against his company for trademarks on his name that would authorize the Trump brand, should it choose, to set up shop in a country with which he has sparred over trade, migration and the planned border wall.

The Mexican Institute of Industrial Property or IMPI grants the Trump trademarks for its initials in Spanish. However, as per records, the last three were approved on Feb. 21, a month after Trump took to office. The fourth one was granted last Oct. 6, which is again a month before the U.S. election.

Trump Company recently went through numerous trademark victories. This Wednesday, the Associated Press explained that the Chinese government of late has granted approval of the first round of 38 trademarks to Trump Company and a related one. Few Democratic senators and critics expressed their outrages who have been suggesting Trump for long to cut his financial ties with few global businesses in order to avoid potential violations of the emoluments clause of the U.S.

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