New York City will terminate business contracts with President Donald Trump after last week’s riot at the US Capitol, Mayor Bill de Blasio announced.
- New York Mayor Bill de Blasio said the city was “severing all contracts” with Donald Trump’s company
- Major banks and golfing organisations have also announced they will cut ties with the President
- Limited available data suggest parts of Mr Trump’s businesses are struggling
The Trump Organization is under city contract to operate the two ice rinks and a carousel in Central Park as well as a golf course in the Bronx and profits about $17 million a year from those sites, Mr de Blasio said on Wednesday.
“I’m here to announce that the city of New York is severing all contracts with the…