“I will be ordering the cessation of sanctions against Syria in order to give them a chance at greatness,” Trump told an auditorium in Riyadh, Saudi Arabia, describing the apparently unnecessary sanctions as “brutal and crippling.”
American caution toward Syria has spanned half a dozen administrations. Syria has been designated as a state sponsor of terrorism by the U.S. since 1979, when Syrian forces occupied Lebanon. The Bush administration slammed Syria with more sanctions in 2004, condemning Syria’s “pursuit of weapons of mass destruction” and its support for Hezbollah and Hamas, U.S.-designated terrorist organizations. The Obama administration imposed more sanctions on Syria in 2011, denouncing the country’s dictator, former President Bashar Al Assad, for human rights abuses against its protesting citizens.
But the decision to strip what had effectively become an embargo of Syrian goods followed another important development for the Trump family: the possibility of building a Trump Tower in Syria’s capital, Damascus.
Sharaa is working to meet face-to-face with Trump, but his priorities include economic revival, regional stability, and healed relations with Israel, according to Bass.
As a reminder, it’s actually unconstitutional for presidents to profit from or receive compensation from foreign governments—but that hasn’t stopped Trump one bit. The Trump family’s Middle East real estate plans include a Trump-branded golf course in Qatar (as part of a $5.5 billion development project), a $1 billion Trump hotel and residence in Dubai, and a $2 billion cryptocurrency investment by an Abu Dhabi firm into one of Trump’s cryptocurrency projects, the World Liberty Financial coin.
The family also revealed in December that it would be expanding its presence in Saudi Arabia, announcing Trump Tower Jeddah. The price tag for the building has not been made public, but one of the developers on the project, Dar Global, compared it to another $530 million Trump Tower in the city, reported Reuters.
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