/ world today news/ Of course, unlike the accounts in Ireland and Great Britain, a smaller amount was invested in China, but the last time Trump’s hotel chain, located in the “hostile” territory of China, paid taxes in 2018 .
China and the US have been waging a trade and economic war since 2017. But at the beginning of 2020, the parties, so to speak, tried to conclude a truce. The “first phase” of the deal was concluded on January 15, thanks to which China agreed to buy goods from the US again, in the same quantities as before. But Trump later accused Beijing of spreading the coronavirus and also that Beijing did not share data on the epidemiological situation, and the “second phase” of smoothing relations was canceled.
Trump has pursued an active anti-China policy, accusing Joe Biden, the US Democratic presidential candidate, of being loyal to Beijing. In this number, the foreign transactions of Hunter Biden (son of the Democrat) on the territory of China also play a role here. Also, Donald Trump in his election campaign said that he was considering the possibility of a complete separation of the economies of China and the United States.
Earlier, the businessman Trump tried to gain a foothold on the territory of the PRC and his projects there, despite his “anti-Chinese” campaigns after 2016, continue to work. According to a lawyer for the organization, Trump’s Chinese affiliate was frozen in 2015, but according to data from 2017, more than $17 million was brought to Trump by the company THC China Development, and also influential entrepreneurs from China bought expensive real estate directly from Trump.
Translation: V. Sergeev
#Trumps #China #accounts #trade #war #policy #China #affecting #presidents #business
