WASHINGTON: President Donald Trump 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, The New York Times reported.
China is one of only three foreign nations — the others are Britain and Ireland — where Trump maintains a bank account, according to a Times analysis of the president’s tax records. The foreign accounts do not show up on Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names.
The Times said Trump’s tax records show that he has invested at least $192,000 in five small companies created specifically to pursue projects in China over the years. Those companies claimed at least $97,400 in business expenses since 2010, including some minor payments for taxes and accounting fees as recently as 2018, the Times reported.
Turkey's President Recep Tayyip Erdogan and Iraq's Prime Minister Mohammed Shia al-Sudani exchange signed agreements....
Former US president Donald Trump awaits opening arguments in his New York 'hush money' trial. — AFP NEW YORK: New...
A representational image of Chinese and German flags. — AFP/File BERLIN: Three Germans have been arrested on...
Ukrainian forces targeting a Russian position in the Kharkiv region on Sunday. — TassMOSCOW: Russia said on Monday...
A representational showing pilgrims gathered around the Kaaba at the Grand Mosque in the holy city of Makkah —...
Taiwan's eastern Hualien region was also the epicentre of a magnitude-7.4 quake in April 3, which caused landslides...