[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

"International court’s attack on Israel a sign of the free world’s moral collapse"

"Pete Hegseth Is Right for the DOD"

"Why Our Constitution Secures Liberty, Not Democracy"

Woodworking and Construction Hacks

"CNN: Reporters Were Crying and Hugging in the Hallways After Learning of Matt Gaetz's AG Nomination"

"NEW: Democrat Officials Move to Steal the Senate Race in Pennsylvania, Admit to Breaking the Law"

"Pete Hegseth Is a Disruptive Choice for Secretary of Defense. That’s a Good Thing"

Katie Britt will vote with the McConnell machine

Battle for Senate leader heats up — Hit pieces coming from Thune and Cornyn.

After Trump’s Victory, There Can Be No Unity Without A Reckoning

Vivek Ramaswamy, Dark-horse Secretary of State Candidate

Megyn Kelly has a message for Democrats. Wait for the ending.

Trump to choose Tom Homan as his “Border Czar”

"Trump Shows Demography Isn’t Destiny"

"Democrats Get a Wake-Up Call about How Unpopular Their Agenda Really Is"

Live Election Map with ticker shows every winner.

Megyn Kelly Joins Trump at His Final PA Rally of 2024 and Explains Why She's Supporting Him

South Carolina Lawmaker at Trump Rally Highlights Story of 3-Year-Old Maddie Hines, Killed by Illegal Alien

GOP Demands Biden, Harris Launch Probe into Twice-Deported Illegal Alien Accused of Killing Grayson Davis

Previously-Deported Illegal Charged With Killing Arkansas Children’s Hospital Nurse in Horror DUI Crash

New Data on Migrant Crime Rates Raises Eyebrows, Alarms

Thousands of 'potentially fraudulent voter registration applications' Uncovered, Stopped in Pennsylvania

Michigan Will Count Ballot of Chinese National Charged with Voting Illegally

"It Did Occur" - Kentucky County Clerk Confirms Voting Booth 'Glitch'' Shifted Trump Votes To Kamala

Legendary Astronaut Buzz Aldrin 'wholeheartedly' Endorses Donald Trump

Liberal Icon Naomi Wolf Endorses Trump: 'He's Being More Inclusive'

(Washed Up Has Been) Singer Joni Mitchell Screams 'F*** Trump' at Hollywood Bowl

"Analysis: The Final State of the Presidential Race"

He’ll, You Pieces of Garbage

The Future of Warfare -- No more martyrdom!

"Kamala’s Inane Talking Points"

"The Harris Campaign Is Testament to the Toxicity of Woke Politics"

Easy Drywall Patch

Israel Preparing NEW Iran Strike? Iran Vows “Unimaginable” Response | Watchman Newscast

In Logansport, Indiana, Kids are Being Pushed Out of Schools After Migrants Swelled County’s Population by 30%: "Everybody else is falling behind"

Exclusive — Bernie Moreno: We Spend $110,000 Per Illegal Migrant Per Year, More than Twice What ‘the Average American Makes’

Florida County: 41 of 45 People Arrested for Looting after Hurricanes Helene and Milton are Noncitizens

Presidential race: Is a Split Ticket the only Answer?

hurricanes and heat waves are Worse

'Backbone of Iran's missile industry' destroyed by IAF strikes on Islamic Republic

Joe Rogan Experience #2219 - Donald Trump

IDF raids Hezbollah Radwan Forces underground bases, discovers massive cache of weapons

Gallant: ‘After we strike in Iran,’ the world will understand all of our training

The Atlantic Hit Piece On Trump Is A Psy-Op To Justify Post-Election Violence If Harris Loses

Six Al Jazeera journalists are Hamas, PIJ terrorists

Judge Aileen Cannon, who tossed Trump's classified docs case, on list of proposed candidates for attorney general

Iran's Assassination Program in Europe: Europe Goes Back to Sleep

Susan Olsen says Brady Bunch revival was cancelled because she’s MAGA.

Foreign Invaders crisis cost $150B in 2023, forcing some areas to cut police and fire services: report

Israel kills head of Hezbollah Intelligence.


Status: Not Logged In; Sign In

International News
See other International News Articles

Title: Trump Orders Help For Chinese Phone-Maker After China Approves Money For Trump Project
Source: FromThe Trenches
URL Source: http://fromthetrenchesworldreport.c ... money-for-trump-project/226019
Published: May 15, 2018
Author: Yahoo News
Post Date: 2018-05-16 06:04:36 by Deckard
Keywords: None
Views: 638
Comments: 2

WASHINGTON – A mere 72 hours after the Chinese government agreed to put a half-billion dollars into an Indonesian project that will personally enrich Donald Trump, the president ordered a bailout for a Chinese-government-owned cellphone maker.

“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump announced on Twitter Sunday morning. “Too many jobs in China lost. Commerce Department has been instructed to get it done!”  

Trump did not mention in that tweet or its follow-ups that on Thursday, the developer of a theme park resort outside of Jakarta had signed a deal to receive as much as $500 million in Chinese government loans, as well as another $500 million from Chinese banks, according to Agence France-Presse. Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort, which includes a golf course and hotels.

Trump, despite his campaign promises to turn over his businesses and have no involvement with them, has still not fully divested himself of his businesses, and continues to profit from them.

“You do a good deal for him, he does a good deal for you. Quid pro quo,” said Richard Painter, the White House ethics lawyer for former President George W. Bush and now a Democratic candidate for Senate in Minnesota.

“This appears to be yet another violation of the emoluments clause of the Constitution,” Painter said, referring to the prohibition against the president receiving payments from foreign governments.

The White House did not respond to HuffPost queries asking if there was a connection between the “MNC Lido City” project and Trump’s directive regarding ZTE.

At Monday’s daily briefing, Deputy Press Secretary Raj Shah referred questions about the Indonesian project to the Trump Organization. “That’s not something that I can speak to,” he said.

The Trump Organization on Monday acknowledged its involvement in the resort, but did not respond to questions about how much the company would make from its licensing or management fees.

ZTE phones have already been described as a security risk by the U.S. military and intelligence community. Two weeks ago, the military banned their use on bases for fear they could be used to track the locations of service members.

The company, which is owned 33 percent by Chinese-government-owned enterprises, had been fined $1.2 billion last year after it was found to be violating U.S. sanctionsagainst Iran and North Korea. After it was determined that ZTE officials had lied about their actions, the U.S. government last month banned it from purchasing U.S. components for seven years — a decision that essentially forced the company to shut down.

Trump followed up late Monday afternoon with a new tweet on the issue: “ZTE, the large Chinese phone company, buys a big percentage of individual parts from U.S. companies. This is also reflective of the larger trade deal we are negotiating with China and my personal relationship with President Xi.”

The new statement, however, still did not address the question of the Indonesian resort and the Trump Organization’s coming profit thanks to Chinese investment.

“This is stunning. They perpetually find new things to surprise me,” said Robert Weissman, president of the open government advocacy group Public Citizen. “The idea of the president intervening in a law enforcement matter to satisfy a foreign government is extraordinary. And it’s extraordinary because it doesn’t happen. Opening that door threatens the integrity of all corporate law enforcement.”

Shah, on other ZTE questions at the daily briefing, appeared to downplay the import of Trump’s directive to “get it done.” Commerce Secretary Wilbur Ross will examine the matter “consistent with applicable laws and regulations,” Shah said.

He acknowledged, however, that the issue is of great concern to the Chinese and its president, Xi Jinping.

“In our bilateral relationship, there is a give and take,” Shah said.

During his campaign, Trump attacked China almost daily for “stealing” U.S. jobs by manipulating its currency and using unfair trade practices. “No one has ever stolen jobs like other countries have taken from us,” Trump told a Nevada rally on Nov. 5, 2016. “We’ve lost 70,000 factories since China joined the WTO,” Trump told a Pittsburgh-area audience the following day.

In recent months, Trump has been trying to craft a trade agreement with China at the same time he is asking for Xi’s help in cracking down on North Korea because of its nuclear weapons program.

At a National Press Club speech Monday, Ross said that the ZTE sanctions were an enforcement action, unrelated to the trade negotiations, but that he would be reviewing the situation “very, very promptly” as a result of Trump’s request.

For ethics advocates, the timing of the ZTE tweet on the heels of the Indonesian development announcement is yet another example of the consequences of Trump’s unwillingness to abide by the emoluments clause.

“The Chinese government seems to have figured out a way to manipulate President Trump,” Weissman said. “It’s exactly why this anti-bribery clause of the Constitution is common sense.”

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Deckard (#0)

After China Approves Money For Trump Project ...

Trump Project? Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort.

That's it. Trump said, "You can use my name".

Trump has no money invested. Trump had no money to lose. This is not "his" project. If this deal falls through, he'll find another one (or another one will find him).

misterwhite  posted on  2018-05-16   8:51:34 ET  Reply   Trace   Private Reply  


#2. To: Deckard (#0)

Trump the manchurian candidate stop looking at Russia and start looking at China

paraclete  posted on  2018-05-16   10:11:55 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com