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Why are Trump’s tax returns linking him to China important?

The Millennial Source
5 min readOct 26, 2020

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This appeared in The Millennial Source

When asked about national security in the most recent presidential debate, Biden went after Trump’s businesses in China, claiming the president “paid 50 times the tax in China” than he paid in the US.

On September 20, 2020, The New York Timespublished a report showing that President Donald Trump holds a Chinese bank account under the Trump International Hotel LLC. This bank account received deposits as recently as 2018, raising questions about Trump’s business ties to China.

With only a few weeks left before Election Day in the United States, China has been on the mind of both President Trump and former Vice President Joe Biden. The Trump campaign has repeatedly suggested that Biden will fail to rein in China’s anti-competitive trade practices. With The New York Times recent reporting of Trump’s tax returns and revelations of his undisclosed Chinese bank account, critics hold that the Trump campaign’s attacks are simply deflections to direct attention away from Trump’s business ties.

The Trump campaign has pointed to the former vice president’s son, Hunter Biden, and his business dealings in China as a major conflict of interest. Specifically, the campaign loosely referenced Hunter Biden’s Chinese bank account and levied other…

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The Millennial Source
The Millennial Source

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