- Advertisement -
Home News Tax records show Trump maintains Chinese bank account

Tax records show Trump maintains Chinese bank account

The US president has maintained a bank account in China, hitherto unknown and controlled by one of his companies.

The American president Donald Trump has a bank account in China where he tried for years to do business while posing as a real opponent of Beijing, unlike, he said, his democratic rival Joe Biden, affirms the “New York Times ”. The real estate mogul maintained the office, which he had opened in China before being elected, throughout his presidential term and attempted a partnership with a major Chinese state-controlled company, assures him. The US president also maintained a bank account in China, hitherto unknown and controlled by one of his companies, Trump International Hotels Management, according to an analysis of his tax returns seen by the NYT.

According to one such statement, the company paid China $ 188,561 in taxes as it struggled between 2013 and 2015 to secure business license agreements. Trump Group lawyer Alan Garten said the company had “opened an account with a Chinese bank, with offices in the United States, in order to pay its taxes.” “No agreement, transaction or other commercial activity has materialized and, since 2015, this account has remained inactive,” he said, quoted by the newspaper. Donald Trump has embarked on a trade and diplomatic war with China, claiming to be the only true defender of American interests against the Chinese giant, unlike Joe Biden, the Democratic candidate in the November presidential election, he says.

- Advertisement -

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Latest news

Turkey threatened with “serious consequences” after test of Russian S-400 missile

The test of the Russian S-400 missile system carried out on October 16 by Ankara and confirmed this Friday by President Erdogan provoked a...
- Advertisement -

Amsterdam subway to extend to Schiphol Airport

Billion euros raised to stretch out the Amsterdam tram to Schiphol Airport Amsterdam magistrate Sharon Dijksma agreed on broadening the Noord-Zuid metro line to...

Jobs opportunities increasing despite unemployment rise

Jobs opportunities in the Netherlands are increasing despite the unemployment rise In the third quarter of the current year, the number of occupations in the...

€95 Fine for not wearing a face mask, new law likely from December

Individuals who won't wear a face mask in all indoor public spots will face a fine of €95 from December 1, sources have told...

Related News

New Year firecrackers fine will hit €100 and a criminal record

Individuals who set off firecrackers during the New Year celebrations will face a fine of €100, and that implies an automatic criminal record, justice...

Largest wetlands in the world ablaze

Wildfires are a known calamity and we all saw the Amazon fires this year, and how much loss they incurred. While the Amazon fires...

Gymnastic associations lifts ban on tutors accused of abusing young athletes

The gymnastic association's NGO chose to lift the ban on teachers Vincent Weavers and Nico Zipp, despite being sought in connection with the allegation,...

Amsterdam subway to extend to Schiphol Airport

Billion euros raised to stretch out the Amsterdam tram to Schiphol Airport Amsterdam magistrate Sharon Dijksma agreed on broadening the Noord-Zuid metro line to...

US elections: China compliments Biden after long silence

China has at last congratulated Joe Biden on his extended success in the US official elections, ending a chilly time of quietness. "We regard the...