Trump favored modifying the 2016 Republican platform opposing abortion, to allow for exceptions in cases of rape, incest, and circumstances endangering the health of the mother. He has said he is committed to appointing "pro-life" justices. He says he personally supports "traditional marriage" but considers the nationwide legality of same-sex marriage a "settled" issue. Despite the statement by Trump and the White House saying they would keep in place a 2014 executive order from the Obama administration which created federal workplace protections for LGBT people, in March 2017, the Trump administration rolled back key components of the Obama administration's workplace protections for LGBT people.
Trump acquired a third casino in Atlantic City, the Taj Mahal, in 1988 in a highly leveraged transaction. It was financed with $675 million in junk bonds and completed at a cost of $1.1 billion, opening in April 1990. The project went bankrupt the following year, and the reorganization left Trump with only half his initial ownership stake and required him to pledge personal guarantees of future performance. Facing "enormous debt", he gave up control of his money-losing airline, Trump Shuttle, and sold his 282-foot (86 m) mega yacht, the Trump Princess, which had been indefinitely docked in Atlantic City while leased to his casinos for use by wealthy gamblers.
More InfoFixer Roy Cohn served as Trump's lawyer and mentor in the 1970s and 1980s, with a 13-year relationship. According to Trump, they were so close that Cohn sometimes waived fees due to their friendship. In 1973, Cohn helped Trump counter-sue the United States government for $100 million over its charges that Trump's properties had racial discriminatory practices; in 1975 an agreement was struck for Trump's properties to change their practices. It was Cohn who introduced political consultant Roger Stone to Trump, who enlisted Stone's services to deal with the federal government.
More InfoIn April 2019, the House Oversight Committee issued subpoenas seeking financial details from Trump's banks, Deutsche Bank and Capital One, and his accounting firm, Mazars USA. In response, Trump sued the banks, Mazars, and committee chairman Elijah Cummings to prevent the disclosures. In May, DC District Court judge Amit Mehta ruled that Mazars must comply with the subpoena, and judge Edgardo Ramos of the Southern District Court of New York ruled that the banks must also comply. Trump's attorneys appealed the rulings, arguing that Congress was attempting to usurp the "exercise of law-enforcement authority that the Constitution reserves to the executive branch".
More InfoTrump is a skeptic of multilateral trade deals, as he believes they indirectly incentivize unfair trade practices that then tend to go unpoliced. He favors bilateral trade deals, as they allow one party to pull out if the other party is believed to be behaving unfairly. Trump favors neutral or positive balances of trade over negative balances of trade, also known as a "trade deficit". Trump adopted his current skeptical views toward trade liberalization in the 1980s, and he sharply criticized NAFTA during the Republican primary campaign in 2015. He withdrew the U.S. from the Trans-Pacific Partnership (TPP) negotiations, imposed tariffs on steel and aluminum imports, and launched a trade war with China by sharply increasing tariffs on 818 categories (worth $50 billion) of Chinese goods imported into the U.S. On several occasions, Trump has said incorrectly that these import tariffs are paid by China into the U.S. Treasury.
More InfoIn June 2018 the New York attorney general's office filed a civil suit against the foundation, Trump himself, and his adult children, asking for $2.8 million in restitution and additional penalties. In December 2018, the foundation ceased operation and disbursed all its assets to other charities. The following November, a New York state judge ordered Trump to pay $2 million to a group of charities for misusing the foundation's funds, in part to finance his presidential campaign.
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