Page 12 - ARUBA TODAY
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A12   WORLD NEWS
                   Monday 13 March 2017


















                 Mexico OKs new Trump trademarks for hotels and tourism



            PETER ORSI                                                                                                          the brand, said Ashwinpaul
            BERNARD CONDON                                                                                                      C. Sondhi of A.C. Sondhi &
             Associated Press                                                                                                   Associates,  an  investment
            MEXICO  CITY  (AP)  —  On                                                                                           consultancy  in  Safety  Har-
            Feb.  19,  2016,  at  a  cam-                                                                                       bor, Florida.
            paign rally in North Charles-                                                                                       Mexican  political  analyst
            ton,  South  Carolina,  then-                                                                                       Alejandro Hope said IMPI is
            candidate  Donald  Trump                                                                                            generally considered to be
            gave  a  stump  speech  in                                                                                          apolitical  and  the  trade-
            which  he  railed  against                                                                                          mark concession was most
            American     jobs   moving                                                                                          likely a technical decision.
            to  Mexico:  “We  lose  our                                                                                         More  remarkable,  Hope
            jobs,  we  close  our  facto-                                                                                       said,  was  that  the  appli-
            ries, Mexico gets all of the                                                                                        cation  was  filed  during  a
            work,”  he  said.  “We  get                                                                                         heated  campaign  when
            nothing.”                                                                                                           “he  had  already  started
            That  same  day  a  law  firm                                                                                       using Mexico as a pinata”
            in Mexico City quietly filed                                                                                        for political purposes.
            on  behalf  of  his  company                                                                                        “What  I  find  striking  is  that
            for trademarks on his name                                                                                          these  guys  were  thinking
            that  would  authorize  the                                                                                         about  doing  business  in
            Trump  brand,  should  it                                                                                           Mexico  while  they  were
            choose, to set up shop in a    In this Nov. 10, 2016 file photo, a banner with an image of Donald Trump to promot an exhibition   trashing  Mexico  on  the
            country with which he has    that features dozens of works by Mexican and international cartoonists, mocking amongst other   campaign   trail,”   Hope
            sparred over trade, migra-   things the U.S. president derogatory statements about Mexicans and his plans to build a wall be-  added.
            tion and the planned bor-    tween the two countries, in downtown Mexico City.                                      Trump  has  a  spotty  busi-
            der wall.                                                                                          Associated Press  ness past in the country.
            The    Trump   trademarks    by Congress.                 ing foreign operations or by  under George W. Bush, said   Last  decade  he  and  his
            have  now  been  granted     The  Mexican  trademarks  easing  the  way  for  future  the  Mexican  grants  are  in   children  aggressively  pro-
            by  the  Mexican  Institute   cover  a  broad  range  ones  after  he  leaves  the  an ethical “gray” area: de-     moted  a  luxury  hotel  and
            of  Industrial  Property,  or   of business operations that  Oval Office.              fensive in nature now, per-  condo  development  with
            IMPI  for  its  initials  in  Span-  can  roughly  be  broken  Trump  Organization  Gen-  haps, but setting the presi-  the Trump name on it that
            ish.  Records  show  the  last   down  into  construction;  eral  Counsel  Alan  Garten  dent  up  to  profit  when  he   was planned for the north-
            three were approved Feb.     construction  materials;  ho-  said  the  Mexican  govern-  leaves office.             ern  Baja  California  coast,
            21,  just  over  a  month  af-  tels, hospitality and tourism;  ment’s decision was not a  “To  what  extent  is  this  ap-  near Tijuana. In December
            ter Trump took office, and   and  real  estate,  financial  special  favor  to  the  presi-  propriate?  I  don’t  know,”   2006,  188  units  were  sold
            a  fourth  was  granted  last   services  and  insurance.  dent.                       Painter  said.  “We  nev-    for  $122  million  during  an
            Oct. 6, about a month be-    They  are  all  valid  through  “We’re  not  being  granted  er  had  Obama  running   event at a hotel in San Di-
            fore the U.S. election.      2026.                        anything  we  didn’t  have  around  the  world  locking   ego.
            Trump’s    company     has   The  same  four  trademarks  before,” he said. The origi-  up his name, or Bush.”      But  the  Trump  Ocean  Re-
            notched  several  trade-     were previously held in the  nal   trademarks     came  Intellectual  property  law-   sort  Baja  Mexico  project
            mark  wins  recently.  The   name  of  Donald  J.  Trump  “years before (Trump) even  yer  Enrique  Alberto  Diaz   collapsed,  and  dozens  of
            Associated  Press  reported   and expired in 2015, a year  announced  his  candida-    Mucharraz  is  listed  on  the   buyers  who  had  lost  their
            Wednesday  that  the  Chi-   before  the  new  applica-   cy.”                         trademark  filings.  A  junior   30 percent deposits sued in
            nese government recently     tions.  The  new  approvals  Garten  said  the  Mexican  partner at the Mexico City    March 2009. Trump settled
            granted  preliminary  ap-    list the trademark owner as  trademarks  originally  had  law firm Goodrich Riquelme   out  of  court  in  November
            proval for 38 trademarks to   the company DTTM Opera-     two  purposes:  laying  the  y  Asociados,  he  declined   2013  for  an  undisclosed
            Trump and a related com-     tions  LLC,  with  an  address  ground  for  possible  new  to  comment  citing  cli-  sum;  in  a  separate  settle-
            pany.  That  sparked  out-   in the Trump Tower on Fifth  ventures and keeping other  ent  confidentiality  rules.   ment  the  previous  year,
            rage from some Democrat-     Avenue in New York.          people  from  using  Trump’s  Phones  rang  unanswered    developer Irongate, which
            ic senators and critics, who   As  president  Trump  has  name  for  their  own  busi-  at  the  public  relations  of-  had  licensed  the  Trump
            have been pushing Trump      handed  management  of  nesses.                           fice of IMPI, and there was   name,  agreed  to  pay  the
            to  sever  financial  ties  with   his business to his two adult  He said the trademarks are  no response to an emailed   buyers $7.25 million.
            his  global  businesses  to   sons and vowed to strike no  wholly defensive now.       request for comment on a     On  the  Caribbean  island
            avoid  potential  violations   new deals abroad while he  “Circumstances       have  list of questions.             of  Cozumel,  near  Can-
            of  the  emoluments  clause   is  in  office.  However  critics  changed,”  Garten  said.  Trademarks   can   prove   cun, Trump tried in 2007 to
            of  the  U.S.  Constitution,   say questions remain about  “He’s  been  elected  and  enormously  valuable  to      purchase land for a luxury
            which bars federal officials   possible  conflicts  of  inter-  we  agreed  not  to  do  for-  companies,  especially  in   resort  complete  with  an
            from  accepting  anything    est,  noting  that  foreigners  eign deals.”              countries  with  a  growing   airstrip and golf course, ac-
            of value from foreign gov-   could still seek to influence  Richard  Painter,  the  chief  number  of  middle  class   cording to Mexican media
            ernments unless approved     Trump  by  helping  his  exist-  White  House  ethics  lawyer  consumers  who  recognize   reports. q
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