The Trump family business has agreed to a voluntary ethics agreement that would ban it from striking direct deals with foreign governments after inauguration, but would give it a free hand to pursue ventures with private foreign companies.

The company plans to “voluntarily donate to the U.S. Treasury all profits it receives from foreign government patronage that the company is able to identify at its hotels and si

Trump's company says it won't strike direct deals with foreign governments after inauguration, but can make deals with private foreign companies.