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Well, Well, Turns Out Trump And China Do Big Business


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This just feels so, so awkward and wrong. Hate to bring it up, but....turns out Trump owes China millions and millions of dollars on a personal level. 

https://www.yahoo.com/news/donald-trump-reportedly-owes-tens-164121571.html

Donald Trump reportedly owes tens of millions to the Bank of China

Julian Borger in Washington
<span>Photograph: Alex Brandon/AP</span>
Photograph: Alex Brandon/AP

Donald Trump is reported to owe tens of millions of dollars to China, through a real estate debt which falls due in 2022, offering “astonishing leverage” to Beijing.

The debt derives from a 30% share the US president owns in a billion-dollar building on the Avenue of the Americas in Manhattan, which was refinanced in 2012, with $211m of the funding coming from the state-owned Bank of China, Politico reported on Friday.

The Chinese debt complicates Trump’s emerging election strategy of portraying his Democratic opponent, Joe Biden, as being soft on China. In a briefing on Saturday, Trump said that “China will own the United States” if Biden was elected in November.

Related: Ivanka Trump brand secures China trademarks on day US president met Xi Jinping

But China is heavily involved in the Trump business empire. A Chinese state-owned construction company is helping build the Trump World Golf Club in Dubai, and Beijing has awarded trademarks to the president’s daughter, Ivanka. In the past, Ivanka’s husband (and a White House adviser), Jared Kushner, has sought Chinese finance for at least one major real estate deal.

The president is a passive minority investor in the 1290 Avenue of the Americas office tower. The main investor is Vornado Realty Trust, which owns 70%.

Neither the White House nor the Trump Organization responded to requests for comment. Trump has officially handed over the day-to-day running of his business empire to his sons, but he benefits financially from its profits, producing multiple conflicts of interest. The Trump Organization has recently applied for coronavirus compensation from the government.

Trump’s approach to China has alternated between combative and unctuous, particularly in relation to the Chinese president, Xi Jinping, with whom Trump has consistently claimed to have an excellent personal relationship.

Trump tweeted on 24 January, in the early stages of the pandemic: “China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”

“I study Beijing’s influence on America, and this is the most problematic conflict of interest I’ve seen,” Isaac Stone Fish, a senior fellow at the Asia Society, wrote on Twitter. “The Bank of China is a state-owned bank, controlled by China’s State Council, the country’s major administrative body, chaired by the Premier Li Keqiang.

“The leverage this presents is astonishing. What if the Bank of China cancels the loan, or requires Trump to pay it back earlier?” Fish asked. “Is this why Trump often praises Chinese Chairman Xi Jinping? Does this cause him to temper his policies or his public remarks? This raises so many questions.”

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This type of thing is unprecedented because, for the most part, presidents have been career politicians. You always compare him to a gangster Barry. Mafia bosses don’t pay their loan sharks. They tell them to go f themselves. I’m hoping Trump acts like a gangster that you claim him to be. 

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This is just a grasp to stretch something in existence. 
 

“The leverage this presents is astonishing.“

yea it’s not. He owns 30% and China owns 211m  of the total debt.

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23 minutes ago, Sportsfanatic1 said:

Yahoo again Barry? Please get a credible source so we can try and read some truth in it.

The Guardian is a British daily newspaper. It was founded in 1821 as The Manchester Guardian, and changed its name in 1959. Along with its sister papers The Observer and The Guardian Weekly, The Guardian is part of the Guardian Media Group, owned by the Scott Trust. Wikipedia

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Not surprised..... biggest liar to ever be elected, does deals with these ppl for his own benefits in the long run... he has all these ppl fooled thinking he is "making America great again" :rofl:.... 

 

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1 hour ago, BarryLaverty said:

This just feels so, so awkward and wrong. Hate to bring it up, but....turns out Trump owes China millions and millions of dollars on a personal level. 

https://www.yahoo.com/news/donald-trump-reportedly-owes-tens-164121571.html

Donald Trump reportedly owes tens of millions to the Bank of China

Julian Borger in Washington
<span>Photograph: Alex Brandon/AP</span>
Photograph: Alex Brandon/AP

Donald Trump is reported to owe tens of millions of dollars to China, through a real estate debt which falls due in 2022, offering “astonishing leverage” to Beijing.

The debt derives from a 30% share the US president owns in a billion-dollar building on the Avenue of the Americas in Manhattan, which was refinanced in 2012, with $211m of the funding coming from the state-owned Bank of China, Politico reported on Friday.

The Chinese debt complicates Trump’s emerging election strategy of portraying his Democratic opponent, Joe Biden, as being soft on China. In a briefing on Saturday, Trump said that “China will own the United States” if Biden was elected in November.

Related: Ivanka Trump brand secures China trademarks on day US president met Xi Jinping

But China is heavily involved in the Trump business empire. A Chinese state-owned construction company is helping build the Trump World Golf Club in Dubai, and Beijing has awarded trademarks to the president’s daughter, Ivanka. In the past, Ivanka’s husband (and a White House adviser), Jared Kushner, has sought Chinese finance for at least one major real estate deal.

The president is a passive minority investor in the 1290 Avenue of the Americas office tower. The main investor is Vornado Realty Trust, which owns 70%.

Neither the White House nor the Trump Organization responded to requests for comment. Trump has officially handed over the day-to-day running of his business empire to his sons, but he benefits financially from its profits, producing multiple conflicts of interest. The Trump Organization has recently applied for coronavirus compensation from the government.

Trump’s approach to China has alternated between combative and unctuous, particularly in relation to the Chinese president, Xi Jinping, with whom Trump has consistently claimed to have an excellent personal relationship.

Trump tweeted on 24 January, in the early stages of the pandemic: “China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”

“I study Beijing’s influence on America, and this is the most problematic conflict of interest I’ve seen,” Isaac Stone Fish, a senior fellow at the Asia Society, wrote on Twitter. “The Bank of China is a state-owned bank, controlled by China’s State Council, the country’s major administrative body, chaired by the Premier Li Keqiang.

“The leverage this presents is astonishing. What if the Bank of China cancels the loan, or requires Trump to pay it back earlier?” Fish asked. “Is this why Trump often praises Chinese Chairman Xi Jinping? Does this cause him to temper his policies or his public remarks? This raises so many questions.”

Will the gentleman yield.....lol

 

 

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23 minutes ago, JETT said:

Not surprised..... biggest liar to ever be elected, does deals with these ppl for his own benefits in the long run... he has all these ppl fooled thinking he is "making America great again" :rofl:.... 

 

Bigger liar than Dubya? You were right. Nothing but nookie on your brain in high school. 

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6 minutes ago, NATUREBOY98 said:

Bigger liar than Dubya? You were right. Nothing but nookie on your brain in high school. 

Thank God I don't feel guilty for electing this corrupt baztard

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12 hours ago, NATUREBOY98 said:

This type of thing is unprecedented because, for the most part, presidents have been career politicians. You always compare him to a gangster Barry. Mafia bosses don’t pay their loan sharks. They tell them to go f themselves. I’m hoping Trump acts like a gangster that you claim him to be. 

Donald Trump May owe them money, but the position of POTUS owes them absolutely nothing.  When they call in that debt it’ll be called in to trumps business

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Ivanka Trump closed her fashion brand in July. Her representatives assert that trademark filings are a normal business practice and are needed to protect her name from copycats seeking to capitalize on her fame.

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4 minutes ago, DB2point0 said:

Donald Trump May owe them money, but the position of POTUS owes them absolutely nothing.  When they call in that debt it’ll be called in to trumps business

Debt would be called to majority ownership or the fund. Fund manager would then divide interest amongst owners of fund. 
to which trumps business would owe 63mil. Multi billionaire mind you. Not a lot of leverage. Very thin hit piece by yahoo 

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1 hour ago, Youngcoach123 said:

Debt would be called to majority ownership or the fund. Fund manager would then divide interest amongst owners of fund. 
to which trumps business would owe 63mil. Multi billionaire mind you. Not a lot of leverage. Very thin hit piece by yahoo 

Liberal news sites continually try to make mountains out of molehills when it comes to these "hit pieces" about the Trump family they continue to throw out to their gullible minions  ....

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Millions to Trump don't matter? So, why did he use charity funds to buy paintings if himself? Set up a fake university? Lend his name to buildings he doesn't own? Appoint people to positions of power because of their campaign contributions? Enact policy meant to enrich himself and his minion children? Jack up prices at Mar-A-Lago to the Secret Service? Violate the emoluments clause relentlessly with his properties to make a buck? He is constantly on the hunt for a buck, and rather than do the normal Mob route and work in 'sanitation' or construction', he is operating out of the White House.  
He is in bed with China and Russia, and that would end anyone else in his position. 

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1 minute ago, BarryLaverty said:

Millions to Trump don't matter? So, why did he use charity funds to buy paintings if himself? Set up a fake university? Lend his name to buildings he doesn't own? Appoint people to positions of power because of their campaign contributions? Enact policy meant to enrich himself and his minion children? Jack up prices at Mar-A-Lago to the Secret Service? Violate the emoluments clause relentlessly with his properties to make a buck? He is constantly on the hunt for a buck, and rather than do the normal Mob route and work in 'sanitation' or construction', he is operating out of the White House.  
He is in bed with China and Russia, and that would end anyone else in his position. 

Short answer, "he's a businessman" thats their defense for this clown...... im the judge and have reached my verdict, guilty of all charges and 2020 he will serve time once he's booted out the whitehouse and all his lil puppets turn on him from keeping their own azz out the stoney lonesome 🤨

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2 minutes ago, BarryLaverty said:

Like that phrase a lot! 

Perfect phrase for a once in your lifetime clown... by the way got it from watching "SpongeBob" with my lil boy lol...

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13 hours ago, JETT said:

Not surprised..... biggest liar to ever be elected, does deals with these ppl for his own benefits in the long run... he has all these ppl fooled thinking he is "making America great again" :rofl:.... 

 

Like in the last thread, just another lie, you can't prove anything wrong was done, yet you back a guy like Biden, who admitted to extortion on television, and you have the nerve to call President Trump the biggest liar, I am guessing you weren't alive during the obama years. SMFH, SSDD!!!!!

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1 hour ago, BarryLaverty said:

Millions to Trump don't matter? So, why did he use charity funds to buy paintings if himself? Set up a fake university? Lend his name to buildings he doesn't own? Appoint people to positions of power because of their campaign contributions? Enact policy meant to enrich himself and his minion children? Jack up prices at Mar-A-Lago to the Secret Service? Violate the emoluments clause relentlessly with his properties to make a buck? He is constantly on the hunt for a buck, and rather than do the normal Mob route and work in 'sanitation' or construction', he is operating out of the White House.  
He is in bed with China and Russia, and that would end anyone else in his position. 

Lol

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1 hour ago, DannyZuco said:

Like in the last thread, just another lie, you can't prove anything wrong was done, yet you back a guy like Biden, who admitted to extortion on television, and you have the nerve to call President Trump the biggest liar, I am guessing you weren't alive during the obama years. SMFH, SSDD!!!!!

So biden admitted his wrongdoings? Thats exactly what we need in the whitehouse not a liar and all his lil puppets carrying his sack for him

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I'll be the first to say that I have issues with biden, just not as many as I do with trump... id rather have anyone with a pulse in their other than this clown

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16 hours ago, BarryLaverty said:

This just feels so, so awkward and wrong. Hate to bring it up, but....turns out Trump owes China millions and millions of dollars on a personal level. 

https://www.yahoo.com/news/donald-trump-reportedly-owes-tens-164121571.html

Donald Trump reportedly owes tens of millions to the Bank of China

Julian Borger in Washington
<span>Photograph: Alex Brandon/AP</span>
Photograph: Alex Brandon/AP

Donald Trump is reported to owe tens of millions of dollars to China, through a real estate debt which falls due in 2022, offering “astonishing leverage” to Beijing.

The debt derives from a 30% share the US president owns in a billion-dollar building on the Avenue of the Americas in Manhattan, which was refinanced in 2012, with $211m of the funding coming from the state-owned Bank of China, Politico reported on Friday.

The Chinese debt complicates Trump’s emerging election strategy of portraying his Democratic opponent, Joe Biden, as being soft on China. In a briefing on Saturday, Trump said that “China will own the United States” if Biden was elected in November.

Related: Ivanka Trump brand secures China trademarks on day US president met Xi Jinping

But China is heavily involved in the Trump business empire. A Chinese state-owned construction company is helping build the Trump World Golf Club in Dubai, and Beijing has awarded trademarks to the president’s daughter, Ivanka. In the past, Ivanka’s husband (and a White House adviser), Jared Kushner, has sought Chinese finance for at least one major real estate deal.

The president is a passive minority investor in the 1290 Avenue of the Americas office tower. The main investor is Vornado Realty Trust, which owns 70%.

Neither the White House nor the Trump Organization responded to requests for comment. Trump has officially handed over the day-to-day running of his business empire to his sons, but he benefits financially from its profits, producing multiple conflicts of interest. The Trump Organization has recently applied for coronavirus compensation from the government.

Trump’s approach to China has alternated between combative and unctuous, particularly in relation to the Chinese president, Xi Jinping, with whom Trump has consistently claimed to have an excellent personal relationship.

Trump tweeted on 24 January, in the early stages of the pandemic: “China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”

“I study Beijing’s influence on America, and this is the most problematic conflict of interest I’ve seen,” Isaac Stone Fish, a senior fellow at the Asia Society, wrote on Twitter. “The Bank of China is a state-owned bank, controlled by China’s State Council, the country’s major administrative body, chaired by the Premier Li Keqiang.

“The leverage this presents is astonishing. What if the Bank of China cancels the loan, or requires Trump to pay it back earlier?” Fish asked. “Is this why Trump often praises Chinese Chairman Xi Jinping? Does this cause him to temper his policies or his public remarks? This raises so many questions.”

Politico Edits False Story Claiming Trump Owes Millions to ChinaPolitico Edits False Story Claiming Trump Owes Millions to China3850

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