Be sure you get out and VOTE! www.volusiaelections.org Try Raw Story ad-free for $1. ET; 阅读简体中文版 閱讀繁體中文版. Tested. And 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, which were obtained by The New York Times. Come visit our tent for more information. In a post-election column for the Guardian, Mary Trump -- Donald Trump's niece -- said she expects the last days of his presidency will be filled with chaos and multiple "meltdowns" as he faces both the prospect of prison as well as becoming irrelevant. Leadership. Agence France-Presse reported in 2016 that the partnership would have involved licensing and managing a development in Beijing. Mr. Trump has also sought to tar his opponent with overblown or unsubstantiated assertions about Hunter Biden’s business dealings there while his father was in office. 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. And unlike other news outlets, we’ve decided to make our original content free. Note sure where to vote? 1 ratings. Last election November 3, 2020 Russ Rywell ran for election to the Miami-Dade County Public Schools school board to represent District 3 in Florida. I was elected nearly two years ago to serve the people of New Smyrna Beach, and immediately ushered in a new era of leadership and transparency to New Smyrna Beach government. Mr. Trump was reportedly still pursuing the deal months into his first presidential campaign, but it was abandoned after State Grid became ensnared in a corruption investigation by Chinese authorities. In 2017, the company reported an unusually large spike in revenue — some $17.5 million, more than the previous five years’ combined. “He’s like a vacuum cleaner — he follows his father around collecting,” Mr. Trump said recently, referring to Mr. Biden’s son. We need your support in this difficult time. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state,” reported Mike McIntire, Russ Buettner, and Susanne Craig. It’s a crime family.”. His campaign has tried to portray Mr. Biden as a “puppet” of China who, as vice president, misread the dangers posed by its growing power. The British and Irish accounts are held by companies that operate Mr. Trump’s golf courses in Scotland and Ireland, which regularly report millions of dollars in revenue from those countries. Mr. Trump has a long history of chasing licensing deals in the country. The COVID crisis has slashed advertising rates, and we need your help. The firm did receive financial backing from a large state-controlled bank, but it is not clear the fund-raising target was ever met, and there is no evidence Hunter Biden received a large personal payout. (The president’s daughter Ivanka Trump also won Chinese trademark approvals for her personal business after she joined the White House staff.). Invest with us. Thank you. 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. His efforts go at least as far back as 2006, when he filed trademark applications in Hong Kong and the mainland. Mr. Garten would not identify the bank in China where the account is held. In Vancouver, numerous Chinese buyers of units in Mr. Trump’s hotel and tower helped increase licensing fees from that project to $5.8 million in 2016, the year it was completed, according to tax records. Like you, we believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Do you have a photo that could go here? The company has direct ownership of THC China Development, but is also involved in management of other Trump-branded properties around the world, and it is not possible to discern from its tax records how much of its financial activity is China-related. Protesters outside the Trump International Hotel & Tower in Vancouver, British Columbia, a property that has attracted Chinese buyers. You won’t find mainstream media bias here. One day after Donald Trump learned he won't be serving a second term, CNN legal analyst Elie Honig said the president needs to prepare himself for the possibility of criminal indictments the moment President-elect Joe Biden is sworn in. NEW! The project was built by a Canadian-based firm controlled by the family of one Malaysia’s richest men, Tony Tiah Thee Kian, who operates hotels in China and elsewhere. With that said, what do you expect is going to happen between now and Inauguration Day?" Click here for the Volusia County Election Precinct Finder. Raw Story is independent. Thank you. Nous voudrions effectuer une description ici mais le site que vous consultez ne nous en laisse pas la possibilité. By Mike McIntire, Russ Buettner and Susanne Craig. He spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company. Bill Foege, who led the Centers for Disease Control from 1977-1983, sent a private letter to the agency’s current director, Robert Redfield, and pressed him to acknowledge the administration’s failures in writing and chart a new course, reported USA Today. Click to learn how you can get a free book for a limited time! China continues to be an issue in the 2020 presidential campaign, from the president’s trade war to his barbs over the origin of the coronavirus pandemic. “Mr. Unhinged from corporate overlords, we fight to ensure no one is forgotten. Invest with us in the future. After effectively planting his flag there, Mr. Trump found a partner in the State Grid Corporation, one of the nation’s largest government-controlled enterprises. And not long after winning the 2016 election, Mr. Trump reported selling a penthouse in one of his Manhattan buildings for $15.8 million to a Chinese-American businesswoman named Xiao Yan Chen, who bought the unit, previously occupied by Ivanka Trump and her husband, Jared Kushner, in an off-market transaction. “You could upfront, acknowledge the tragedy of responding poorly, apologize for what has happened and your role in acquiescing,” Foege wrote Sept. 23, in a private letter obtained by the newspaper. In response to questions from The Times, Alan Garten, a lawyer for the Trump Organization, said the company had “opened an account with a Chinese bank having offices in the United States in order to pay the local taxes” associated with efforts to do business there. He said the company had opened the account after establishing an office in China “to explore the potential for hotel deals in Asia.”, “No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive,” Mr. Garten said. “The biggest challenge in a century and we let the country down. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. The identities of the financial institutions are not clear. agents asking about the company behind the purchases, which he said had used his office address in incorporation papers without his knowledge. It was accompanied by a $15.1 million withdrawal by Mr. Trump from the company’s capital account. During the 2016 campaign, a shell company controlled by a Chinese couple from Vancouver bought 11 units, for $3.1 million, in the Las Vegas tower Mr. Trump co-owns with the casino magnate Phil Ruffin. A trademark held by the president’s daughter. The vast majority was related to the Chicago project," reported David Enrich, Russ Buettner, Mike McIntire, and Susanne Craig. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. His hotels and towers in Las Vegas and Vancouver, British Columbia — locales known for attracting Chinese real estate investors — have found numerous Chinese purchasers, and in at least one instance drew the attention of the Federal Bureau of Investigation. We need your support to do what we do. It is a slaughter and not just a political dispute.”. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. Ms. Chen runs an international consulting firm and reportedly has high-level connections to government and political elites in China. For more information, visit Published Oct. 20, 2020 Updated Nov. 7, 2020, 11:53 a.m. The public health texts of the future will use this as a lesson on how not to handle an infectious disease pandemic.”. ON THE PODCAST: Election Day 2000... all over again? 1 Elections. Make a one-time contribution to Raw Story Investigates. Like you, we here at Raw Story believe in the power of progressive journalism. 7 articles. I will continue to improve quality of life for citizens and many more initiatives. Rywell lost in the general election on November 3, 2020. As with Russia, where he explored hotel and tower projects in Moscow without success, Mr. Trump has long sought a licensing deal in China. Contents. It is not known what became of the inquiry. That is why I am asking for your support and vote so I can continue to serve this City that many call special, but a fortunate few of us call ‘home’. President Trump and his allies have tried to paint the Democratic nominee, Joseph R. Biden Jr., as soft on China, in part by pointing to his son’s business dealings there. Mr. Garten would not comment on the specific amount cited by Bloomberg, but said that the contract buyout represented a “significant portion” of the company’s revenue and that the remaining money was not related to China. Learn more about Russ Buettner, read, fact-check and rate their latest articles. Every reader contribution, whatever the amount, makes a tremendous difference. Many Chinese government approvals came after he became president. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. It is difficult to determine from the tax records precisely how much money Mr. Trump has spent trying to land business in China. … then let us make a small request. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. But Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. The former public health official credited with eradicating smallpox blasted President Donald Trump’s response to the coronavirus pandemic. However, there is ample evidence of Mr. Trump’s efforts to join the myriad American firms that have long done business there — and the tax records for him and his companies that were obtained by The Times offer new details about them.
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