Trump's 2026 Foreign Licensing Disclosure: Outcome

Entities and roles

• America First Audit: Trump's 2026 Foreign Licensing Disclosureaudit case
• Donald J. Trumpcomparison subject

Claims and evidence

1. factreported

   The report identified Trump as beneficiary of income from foreign-branded business interests during 2025.

   • Associated Press: Crypto, real estate, watches: How Trump made over $1 billion last yearForeign licensing summary
   • Citizens for Responsibility and Ethics in Washington: Trump's foreign revenue exploded during his first year back in officeCountry and entity analysis