The new company says it will manufacture its Android phone in the United States, but it has not said how it could do that.

Eric Trump said the new venture called, Trump Mobile, will sell phones that will be built in the U.S., and the phone service will maintain a call center in the country as well.

Alongside the mobile business, President Trump has also launched his own meme cryptocurrency, while sons Eric and Donald operate their own data center cryptomining venture, ' American Bitcoin .' As president, Trump has created a strategic crypto reserve, pardoned crypto-related individuals, and relaxed enforcement of the sector.