The New York Times released an anti-Trump hit piece attempting to distract from the ongoing Hunter Biden scandals we have seen.
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.
Senate Republicans produced a report asserting, among other things, that Mr. Biden’s son Hunter “opened a bank account” with a Chinese businessman, part of what it said were his numerous connections to “foreign nationals and foreign governments across the globe.”
But Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. 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.
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. 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. The identities of the financial institutions are not clear.
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.
The tax records do not include details on how much money may have passed through the overseas accounts, though the Internal Revenue Service does require filers to report the portion of their income derived from other countries. 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. Trump International Hotels Management reported just a few thousand dollars from China.
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. “Though the bank account remains open, it has never been used for any other purpose.”
Of course, CNN got in on it as well:
— CNN Politics (@CNNPolitics) October 21, 2020
In what should shock no one this hit piece missed and missed big:
“No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive”
Other than the fact that there is literally no news here, well done, hacks. https://t.co/1g0hWTDeL4
— Brian Morgenstern (@MorgensternNJ) October 21, 2020
The idea that the NYT would report on Trump having a Chinese bank account, but not Hunter Biden holding a 10% stake in a Chinese venture for Joe Biden, is just straight-up media corruption https://t.co/mm1y5r2ada
— Will Chamberlain (@willchamberlain) October 21, 2020
Shouldn’t Twitter promptly be censoring this story and locking the Times out of their account considering this is leaked material that was “obtained without authorization” https://t.co/GzmbMReazZ
— Greg Price (@greg_price11) October 21, 2020
One of President Trump’s companies operated a bank account in China before he was president and never ended up doing business the country. That is literally all the Times has to distract from the Hunter Biden revelations pic.twitter.com/hmd79aX8gL
— Greg Price (@greg_price11) October 21, 2020
Yet, the Mainstream Media won’t cover the Biden Family’s crimes:
According to Rudy Giuliani Hunter Biden’s laptop had pictures of underage girls on it as well as inappropriate text messages.
DEVELOPING: @RudyGiuliani displays a “very, very sensitive” alleged text message from Hunter Biden, which he claims to have handed over to the Delaware state police. @gregkellyusa https://t.co/VlT7z8drtO pic.twitter.com/nzbzAb9QbF
— Newsmax (@newsmax) October 20, 2020
BREAKING: @RudyGiuliani announces he has turned over Hunter Biden hard drive to Delaware State Police due to pictures of underage girls and inappropriate text messages
— Jack Posobiec 🇺🇸 (@JackPosobiec) October 20, 2020
Benny Johnson pointed out this likely means Jail time for Hunter Biden:
🚨 BREAKING 🚨
Text messages/photos confirm Hunter Biden was exposing himself sexually to underage girls.
According @RudyGiuliani Hunter was “Smoking crack naked on facetime with 14 yr olds”
Photos & messages have been turned over to FBI/ DE Police.
This means jail for Hunter pic.twitter.com/yrufN6POhC
— Benny (@bennyjohnson) October 21, 2020
We will keep following this as we learn more….
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