Trump’s Business Empire Retains Close Ties to China

“As the Trump administration initiates a possible trade war with China, the president’s businesses continue to benefit from partnerships involving the Chinese government, via state-backed companies and investors. Chinese government-backed firms are slated to work on parts of two large developments — in Dubai and Indonesia — that will include Trump-branded properties,” the Washington Post reports.

“The Trumps are the landlord to one of China’s top state-owned banks, which has occupied the 20th floor of Trump Tower in Manhattan since 2008. The bank’s lease is worth close to $2 million annually, according to industry estimates and a bank filing. And despite the Trump administration’s focus on American manufacturing, assembly-line workers in China still produce blouses, shoes and handbags for the clothing line created by Trump’s daughter Ivanka, a White House adviser.”