During the event, the 44th President made reference to the recent revelation that Donald Trump has a secret Chinese bank account. The explanation from a lawyer at the Trump Organization is that the Chinese account is related to business efforts that Trump made prior to taking office, and that he “opened an account with a Chinese bank having offices in the United States in order to pay the local taxes.” However, Trump has made business deals in many countries across the Middle East, Europe, and Asia, without apparently feeling the need to have a local bank account (Unless, of course, there are still other accounts waiting to be discovered). The QAnon congresswoman made the announcement on Newsmax. The "Late Night" host riffed on a new report of the president's business interests in the country as the GOP attacked Joe Biden's family on China dealings. In order to comment you must use an Insticator account. The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015. Did Americans die because of Trump’s personal financial relationship with China? This evening the New York Times is reporting that Donald Trump’s company Trump International Hotels Management LLC has a secret bank account in China that he’s tried to keep under wraps by keeping it off his financial disclosure forms. The identities of the financial institutions are not clear. President Donald Trump's tax records show he has pursued expansive business projects in China for years and even maintains a Chinese bank account, … Over the past several months, however, he has insisted, with growing fervor, that President-Elect Joe Biden has some serious ties with China. View our. Rick Snyder Finally Faces Criminal Charges For Poisoning An Entire City, D.C. Peter Navarro, a White House official, continues to spout the big lie about the 2020 election on Fox News. After literally years of claims that Joe Biden has some hidden cash connection with China, the latest installment of The New York Times examination of Trump’s taxes, shows that Trump has an account at an unspecified bank, holding an unknown amount of money, somewhere in China. The president was also looking to Beijing for help in clinching nuclear talks with North Korea and consistently lavished praise on Xi Jinping, China’s authoritarian leader. To become an ad-free subscriber please select one of the following two options. The account, as first reported by The New York … In addition to the Chinese account, Trump also has bank accounts in the United Kingdom and Ireland. In order to comment you will need to create an Insticator account. WASHINGTON (KRON) – President Trump’s tax records reveal he had a private bank account in China, according to The New York Times. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS! Mr Trump has been critical of presidential candidate rival Joe Biden and his policies towards China in … Though most of that lease ended in 2019, the bank still maintains executive offices in Trump’s building. After literally years of claims that Joe Biden has some hidden cash connection with China, the latest installment of The New York Times examination of Trump’s taxes, shows that Trump has an account at an unspecified bank, holding an unknown amount of money, somewhere in China. And that the account has been used to … President Trump 's tax records show that China is one of three foreign countries where he maintains a bank account, The New York Times reported Tuesday. In addition to the existence of the Chinese bank account—controlled by a company that just happened to record eight figures’ worth of revenue during Trump’s first year in office—the Times reports that shortly after he won the election, Trump sold a penthouse in one of his buildings for $15.8 million to a Chinese-American businesswoman named Xiao Yan Chen, who “runs an international consulting firm and reportedly has high-level connections to government and political elites in China.”, (In a statement, Alan Garten, a lawyer for the Trump Organization, said Trump International Hotels Management LLC had “opened an account with a Chinese bank having offices in the United States in order to pay the local taxes” related to attempts to do business there, adding that “no deals, transactions, or other business activities ever materialized and, since 2015, the office has remained inactive.”). Please Do Not Use the Login Link at the Top of the Site. “Joe Biden must immediately release all emails, meetings, phone calls, transcripts, and records related to his involvement in his family’s business dealings, influence peddlings around the world—including China,” he shouted at a rally last week in Iowa, seemingly referring to an exceedingly sketchy news story allegedly showing financial ties between China and the Democratic nominee. We don’t know the answers to these questions. All rights reserved. https://www.vanityfair.com/news/2020/10/donald-trump-chinese-bank-account There are also all the Chinese trademarks which have been helpfully fast-tracked for Ivanka, including a batch that showed up just last month. In 2017, the company reported an unusually large spike in revenue—some $17.5 million, more than the previous five years’ combined. The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while … With all the wild theories President Trump throws at the wall in any given day, it’s a little hard to keep up. As a reminder, this subreddit is for civil discussion.. The process is quick and simple. The secret Chinese bank account is controlled through one of Trump’s business subsidiaries, Trump International Hotels Management, and did not appear on the public documents Trump filed with claims that they explain everything anyone wanted to know without revealing his taxes. 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The account, as first reported by The New York Times Tuesday evening, does not appear anywhere on the President’s financial disclosure forms.. Trump for years attempted to claim he and President Xi of China (photo, at Mar-a-Lago) were good friends. Join Vanity Fair to receive full access to VF.com and the complete online archive now. By Ron Dicker. Rep. John Curtis, Republican from Utah, found a flier accusing him of treason taped to his office door just moments before his interview with Katy Tur on MSNBC. Alan Garten, an attorney for the Trump … The Chinese bank account has paid out $188,561 in local taxes. Trump Reportedly Holds Secret Chinese Bank Account, Paid China Over $188,000 in Taxes. So … why China? Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy. Obama slams Trump over 'secret' Chinese bank account October 21, 2020, 3:58 PM The New York Times, which has obtained Trump's tax records, late Tuesday reported that the documents show the president maintains a previously undisclosed bank account in China, one of only three foreign nations where he holds accounts along with Britain and Ireland. By tplnews. The New York Times has an idea: ...it turns out that China is one of only three foreign nations—the others are Britain and Ireland—where Mr. Trump maintains a bank account, according to an analysis of the president’s tax records...The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. A dialog will then appear allowing you create your account. The New York Times revealed Tuesday that the U.S. president has a bank account in China. And the State Department did not open an investigation into what happened in China. This is a problem for multiple reasons. If you see comments in violation of our rules, please report them. ... Now their guy can literally go around saying "Kung Flu" in an anti-chinese tone and that's totally fine. The New York Times revealed Tuesday that the U.S. president has a bank account in China. — Progressives Are Going Rogue to Flip Pennsylvania for Biden— White House Reporters Fume Over Team Trump’s “Reckless” COVID Response— Why Anti–Trump Attack Ads Might Actually Be Helping Him— Tax Mess Aside, Can Trump Pay Off His $1 Billion in Debt?— News Media Begins to Contemplate a Post–Trump White House— The Kimberly Guilfoyle Sexual Harassment Allegations Get Even Darker— As Trump Falters, Democrats See an Expanding 2020 Senate Map— From the Archive: Inside Trump’s Twisted, Epic Battle for Mar-a-Lago— Not a subscriber? Personal insults, shill or troll accusations, hate speech, any advocating or wishing death/physical harm, and other rule violations can result in a permanent ban. 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