— 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? During the event, the 44th President made reference to the recent revelation that Donald Trump has a secret Chinese bank account. Debate/discuss/argue the merits of ideas, don't attack people. Ad Choices. Barack Obama mocked what he said was Donald Trump’s “secret Chinese bank account,” telling a rally crowd that the circumstances would be far different if … For example, he basically tried to make his whole campaign about Joe Biden’s record on China, and then it turned out Trump is the one who has a secret bank account in China. Could you donate $21 for 2021? 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 … If you don't mind the ads and would rather donate, please select one of the options below: Our comments are now powered by Insticator. It also doesn’t explain why Trump has an account in China where, supposedly, he has no properties. 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. We welcome relevant, respectful comments. Posted by 2 months ago. Mr Trump has been critical of presidential candidate rival Joe Biden and his policies towards China in … To revist this article, visit My Profile, then View saved stories. 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). Of course, as we know from Biden’s tax returns, which he released in contrast to Trump, the former vice president doesn’t have any income from or business dealings with China. Seth Meyers Imagines How Donald Trump Used 'Secret' Chinese Bank Account. The process is quick and simple. The secret Chinese bank account is controlled through one of Trump’s business subsidiaries, Trump International … President Donald Trump's tax records show he has pursued expansive business projects in China for years and even maintains a Chinese bank account, … In Speech That Gives Reality A Solid Punch In The Face, The Press Keeps Reporting Trump 'Trade Victories,' But The Real Loser Is Their Credibility, New Lincoln Project Ad: 'China Made Trump Roll Over Like A Dog', How Larry King Got Duped Into Starring In Chinese Propaganda, Friday News Dump: The New Sarah Palin Has A Sad, And Other News, Chris Hayes Has Had It With The GOP Big Lie: 2020 Was A Free And Fair Election, Marjorie Taylor Greene To File Biden Impeachment Articles On January 21, Former MI Gov. Trump has chosen to make the Rose Garden his go-to location for pumping out lies about a devastating pandemic, defending white nationalism, and just crapping all over regulations against campaigning on federal property. Rachel Maddow talks about Rick Snyder finally facing justice for what he did to the people of Flint, Michigan. Trump Organization lawyer Alan Garten confirmed the bank account to the Times, saying it had been opened “with a Chinese bank having offices in the United States in … So … why China? “Nobody in 50 years has been WEAKER on China than Sleepy Joe Biden,” he tweeted in May. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. The Chinese bank account has paid out $188,561 in local taxes. Despite having nothing to show for this alleged hardline with Beijing—the president’s trade war has cost U.S. taxpayers, and he praised President Xi Jinping as the coronavirus spread across the globe—with the 2020 election fast approaching, Trump has spent months insisting that if Joe Biden wins, America will be in bed with the authoritarian nation. We will be retiring our user accounts in January, 2021. 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