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NEW YORK – President Donald Trump's two golf resorts in Scotland posted another year of multimillion-dollar losses as his properties contend with a struggling local economy and a backlash against his divisive rhetoric.
Trump's golf clubs on the North Sea and Irish Sea lost a combined 11.9 million pounds ($14.5 million) last year, according to financial statements filed with Britain's Companies House.
That comes on the heels of a string of annual losses that started before Trump was president. But there were signs of recovery, including an increase in revenue at both Scottish resorts.