Trump has an undisclosed Chinese bank account, The New York Times discovered

President Trump maintains a bank account in China, The New York Times reports, and his tax records show that he spent at least a decade attempting, unsuccessfully, to get licensing deals while pursuing other projects in the country.

The Times, drawing on Trump's tax records, found that he has three foreign bank accounts — the other two are in Britain and Ireland — and none of them appear on his public financial disclosures because they are held under corporate names. The account in China is controlled by Trump International Hotels Management LLC, which paid $188,561 in taxes in China while trying to secure licensing deals from 2013 to 2015.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.