True Left

Pres. Trump maintains a bank account in China that he has never publicly disclosed, according to tax documents obtained by The New York Times. Trump's account in China has remained a secret because it is held under a corporate name, Trump International Hotels Management. In 2017, that company 'reported an unusually large spike in revenue — some $17.5 million, more than the previous five years’ combined,' The Times reported. 'It was accompanied by a $15.1 million withdrawal by Mr. Trump from the company’s capital account.' Trump has repeatedly assailed Joe Biden as 'soft on China.' Tax records show Trump paid $188,561 in taxes in China through his company from 2013 to 2015, vastly more than the $750 he paid in federal U.S. income taxes in 2016 and 2017. A lawyer for the Trump Organization would not disclose the bank where the president maintains his account.