Trump Tower Australia deal collapses

A $1 billion Trump Tower development deal in Australia's Gold Coast has collapsed, with the developer citing the Trump brand as "toxic" and Trump's unpopularity in the country. Despite this setback, the Trump Organization has significantly expanded its foreign business dealings during Trump's second term, with foreign licensing income jumping 650% in 2024 across multiple countries including Georgia, Abu Dhabi, Hungary, Oman, and Serbia.