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International Business Times UK
International Business Times UK
World
Chelsie Napiza

Australia Scraps Lavish 91-Storey Trump Tower After Developer Claims President Brand Has Become 'Toxic', 'Unpopular'

Plans to build Australia's first and tallest Trump Tower have collapsed just three months after the deal was signed, with the local developer citing the US president's sliding public standing and the Iran war as the reason.

David Young, founder and CEO of Altus Property Group, told CNN in a statement that 'the Trump brand was increasingly unpopular in Australia,' pointing directly to the ongoing conflict with Iran as a turning point.

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