Trump Tower Australia

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.

The Trump Organization's former Australian construction partner has scrapped plans for a Trump Tower in Australia, citing the Iran war as a reason. The Trump Organization responded by saying the partner is distracting from their own defaults and failures. The project's cancellation marks a significant setback for the Trump brand's international expansion.