The NY Times Reported about an Unknown Chinese Bank Account Held by Donald Trump
With all the wild theories President Trump throws at the wall in any given day, it’s a little hard to keep up.
Over the past several months, however, he has insisted, with growing fervor, that President-Elect Joe Biden has some serious ties with China.
Last spring, he tweeted, “China is on a massive disinformation campaign because they are desperate to have Sleepy Joe Biden win the presidential race.”
Donald Trump, Jr. even got involved, making these false claims this summer: “Beijing Biden is so weak on China that the intelligence community recently assessed that the Chinese Communist Party favors Biden.” They’ve also tried to make something of hacked emails to prove some sort of financial links between Biden and China.
Just one itty bitty problem with that: There are no financial ties between Biden and China. How do we know this? Because Biden has actually released his tax returns and we can see his financial records plain as day.
Trump, on the other hand, has NOT released his his tax returns, but thanks to the New York Times, who has obtained at lease some of those tax returns, we now see that President Donald Trump has a Chinese bank account and this report suggests that he has collected income from China during his time as President of the United States.
But the New York Times has obtained at least some of them. And they found that Trump has a Chinese bank account, and suggest he has collected earnings from that country while serving as president.
The bank account in China belongs to Trump International Hotels Management, a Trump subsidiary firm that has seen a huge spike in revenue since Trump took office. After reporting small sums in the years before, in 2017, Trump’s first year in the White House, that firm saw $17.5 million in revenue.
The Times report does not show exactly how much of those returns come from China and the Trump Organization refuses to say. But there is evidence to suggest a huge conflict of interest for Trump.
Of course Trump continues to spout his nonsense rhetoric about the “china virus” and claiming that he will “make them pay” for “allowing” it to happen.
During the 2016 election cycle, he called his opponent Hillary Clinton corrupt. Now he calls his opponent Joe Biden corrupt, claiming he has secret ties to China, who helped Biden win. This is likely a move meant to divert public attention away from his own undisclosed financial involvement with China.