Pelosi Says Trump's Chinese Bank Account is a "National Security Issue"

Earlier The New York Times claimed Mr 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 current Trump administration has consistently voiced its support for the U.S. mining industry, and President Trump has issued several executive orders during his four-year term to encourage USA mining projects.

"He's been reported in the last 48 hours", Obama said, "but he knows he's been doing business with China, because he has a secret bank account in China".

The report of Trump's Chinese language account occurred as his re-election marketing campaign is accusing Hunter Biden, the son of Democratic presidential nominee Joe Biden, of corrupt enterprise offers in China.

He said the company opened the account after opening an office in China "to explore the potential for hotel offerings in Asia".

"No deals, transactions or other business activities ever materialised 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 goal".

President Donald Trump, who has been continuously attacking China during the election campaign of America, has now surrounded himself with his China connection.

It's a potential boon to the U.S. mining industry; Biden is ahead of the incumbent President Donald Trump in nearly all recent polling with less than two weeks to go until election day. His efforts go at least as far back as 2006.

TIHM additionally holds direct possession of the THC China Improvement firm which, in 2017, skilled an "unusually massive spike" of $17.5 million in income for "administration charges and different contract funds".

The NYT had previously announced that it only paid $ 750 income tax in the USA in 2016 and 2017, when Donald Trump was president.

Also, the president has paid more in taxes in china than in the country he now runs.

These were the details of the news Donald Trump has Irish, Chinese and United Kingdom bank accounts for this day.

These companies have claimed business expenses of at least $ 97,400 (EUR 82,000) since 2010, including some minor payments for taxes and accounting fees as recently as 2018, the paper reported. We hope that we have succeeded by giving you the full details and information.