President-elect Trump tweets he'll be leaving businesses 'to focus entirely on running the country'

<p>Donald Trump&#39;s&nbsp;<a href="http://www.cnn.com/2016/11/28/politics/trump-foreign-businesses/" target="_blank">sprawling international business</a>&nbsp;creates countless conflicts of interest, which could lead to corruption.</p><p>And handing his business over to his kids wouldn&#39;t solve that. Here&#39;s why.</p><p><b>SEE MORE: <a href="http://www.newsy.com/videos/trump-s-business-could-make-his-presidency-ethically-tough/">Trump's Business Could Make His Presidency An Ethical Minefield</a></b></p><p>For one, this is not a blind trust like, at all. In a blind trust, one person hands off their business to someone else and doesn&#39;t communicate with them. That&#39;s unlikely to happen.</p><p>What&#39;s more, Trump appointed his three oldest kids to his transition team.&nbsp;</p><p>And his daughter Ivanka Trump&nbsp;<a href="http://fortune.com/2016/11/18/ivanka-trump-shinzo-abe/" target="_blank">has been in a meeting</a>&nbsp;with Japan&#39;s prime minister and&nbsp;<a href="http://nymag.com/daily/intelligencer/2016/11/ivanka-joined-trumps-phone-call-with-argentinas-president.html" target="_blank">a call with Argentina&#39;s president</a>. She also&nbsp;<a href="http://www.nytimes.com/2016/11/20/us/politics/donald-trump-pauses-transition-work-to-meet-with-indian-business-partners.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=a-lede-package-region&region=top-news&WT.nav=top-news" target="_blank">met with Indian businessmen</a>&nbsp;who spoke to Donald Trump about expanding deals with his ventures.</p><p>Plus, in a true blind trust, Trump would sell off his company assets, just as previous presidents have. But Trump plans to hold on to his, meaning he&#39;ll profit from any business gains during his presidency.&nbsp;</p><p>And previous presidents have set another standard Trump hasn&#39;t followed:&nbsp;<a href="http://www.newsy.com/videos/trump-says-people-don-t-care-if-he-releases-his-tax-records/" target="_blank">releasing tax returns</a>. That means we don&#39;t know the full scope of the potential conflicts of interest surrounding Trump or his kids.</p><hr><b>Trending stories at <a href="http://www.newsy.com">Newsy.com</a></b><ul class="inline-related-links"><li><a href="http://www.newsy.com/videos/donald-trump-s-dc-hotel-is-a-big-conflict-of-interest/">Donald Trump&#039;s DC Hotel Is A Big Conflict Of Interest</a></li><li><a href="http://www.newsy.com/videos/elaine-chao-may-be-next-secretary-of-transportation/">Trump&#039;s Transportation Secretary Pick Is No Stranger To White House</a></li><li><a href="http://www.newsy.com/videos/donald-trump-wants-to-outlaw-burning-the-american-flag/">Donald Trump Wants To Outlaw Burning The American Flag</a></li></ul>