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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsForbes Estimates China Paid Trump At Least $5.4 Million Since He Took Office
Link to tweet
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Donald J. Drumpf
@RealDonalDrumpf
President Xi calls me his little "China Girl." It's so cute!
Forbes Estimates China Paid Trump At Least $5.4 Million Since He Took Office, Via Mysterious Trump...
forbes.com
https://t.co/nKQ8S9ARPM?amp=1
Snip
President Donald Trump, who declared I dont make money from China in Thursday nights presidential debate, has in fact collected millions of dollars from government-owned entities in China since he took office. Forbes estimates that at least $5.4 million has flowed into the presidents business from a lease agreement involving a state-owned bank in Trump Tower.
The Industrial and Commercial Bank of China signed a lease for space in 2008, years before the president took office, paying about $1.9 million in annual rent. Trump is well-aware of the deal. Ill show you the Industrial Bank of China, he told three Forbes journalists touring Trump Tower in 2015. I have the best tenants in the world in this building.
Trump moved from the skyscraper to the White House in 2017, but he held onto ownership of the retail and office space in the building, through his 100% interest in an entity called Trump Tower Commercial LLC. That put him in an unusual position, given that government-owned entities in China hold at least 70% of the Industrial and Commercial Bank of China. Suddenly, a routine real estate deal became a conduit for a foreign superpower to pay the president of the United States.
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Forbes Estimates China Paid Trump At Least $5.4 Million Since He Took Office (Original Post)
soothsayer
Oct 2020
OP
dixiegrrrrl
(60,010 posts)1. That building has a whole slew of his nefarious connections.
It will make for interesting stories one day soon.
JI7
(89,239 posts)2. All the Hunter Biden lies are pretty much just based on what is actually truth about Trump
smirkymonkey
(63,221 posts)3. K&R
Hermit-The-Prog
(33,236 posts)4. trumPutin continues to piss on the U.S. Constitution.
wishstar
(5,267 posts)5. K & R