New York authorities announced the termination of all contracts with the Trump Organization

New York authorities announced the termination of all contracts with the Trump Organization

New York City officials have announced that they have terminated all contracts with the Trump Organization, a conglomerate of hundreds of companies solely or primarily owned by President Donald Trump, who was born in the Big Apple. New York Mayor Bill de Blasio explained that the termination of contracts is related to the riots staged by Trump supporters last week outside and inside the US Congress building.

“The City of New York does not intend to be associated with these unforgivable actions in any form,” – said in an official statement by Bill de Blasio, released on Wednesday. De Blasio said the City has begun a process of “breaking all contracts” for the carousel and two ice rinks in Central Park, which generate approximately $ 17 million in revenue for the Trump Organization each year.

Trump’s son, Eric, condemned the decision and warned that the actions of the New York City Hall will be challenged in court.

“This is yet another example of Mayor de Blasio’s incompetence and blatant disregard for facts,” said Eric Trump. “New York City has no legal right to terminate our contracts, and if they do, they will have to pay the Trump Organization $ 30 million. This is discrimination on political grounds that we plan to fight vigorously. ”

The president’s private business has been severely damaged in the January 6 riots by Trump supporters. Earlier this week, the American Professional Golfers’ Association decided not to host its championship next year at Trump’s golf course.

The e-commerce platform Shopify has shut down Trump-related online stores, and major social media platforms have shut down Trump-owned accounts.

On January 6, Donald Trump spoke at a rally in Washington, which was attended by thousands of people who arrived in the American capital for the “America’s Salvation March.” Trump called Biden an “illegitimate president”, stressing that “we cannot allow this to happen. We will fight with all our might, otherwise … we will lose the country, ”the president said.

Following this, thousands of Trump supporters headed for the Capitol, where lawmakers began the process of certifying the victory of President-elect Joe Biden in the November 3 elections. Many of the marchers knocked over the barriers previously set by the police and broke into the Capitol building. As a result of the riots and clashes, six people died.

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