Trump Received $7.8 Million from Foreign Governments, China

A congressional report on anniversary of the January 6 US Capitol attack alleges that former US President Donald Trump Received $7.8 Million

A congressional report just a day before the anniversary of the January 6 US Capitol attack alleges that former US President Donald Trump’s businesses received at least $7.8 million from foreign governments, including China, during his tenure in the White House.

The report, titled “White House for Sale,” claims that representatives from Saudi Arabia, India, Turkey, Democratic Republic of Congo, and around 15 other countries made payments to Trump’s hotel and real estate businesses, violating the constitutional ban on “foreign emoluments.”

Details: According to the House Oversight Committee’s report, Trump accepted over $7.8 million in payments from foreign states and their leaders, including controversial regimes. Among the countries listed, China allegedly spent $5.5 million at Trump-owned properties, with businesses like ICBC bank and Hainan Airlines contributing.

The report accuses Trump of violating the Constitution by accepting these emoluments without Congress’s consent. The disclosed figure of $5.5 million may not represent the full amount, as it is based on limited disclosures from Trump’s accountants and SEC filings.

One notable expenditure cited in the report is a Chinese embassy delegation spending $19,391 at the Trump International Hotel in Washington on August 27, 2017.

The report further alleges that Saudi Arabia paid at least $615,422 in prohibited emoluments to Trump’s businesses, particularly the Trump World Tower and a March 2018 stay at the Trump International Hotel in Washington, DC. The report highlights Trump’s acknowledgment of favorable business terms with Saudi Arabia.

Trump’s Washington hotel, mentioned in the report, was sold in 2022 to a private investor group and rebranded under the luxury Waldorf Astoria line.

As Trump faces various legal challenges, including a civil fraud trial in New York and charges related to overturning election results, the report adds to the controversies surrounding his business dealings.

Conclusion: The revelations in the report add another layer to the legal challenges faced by Donald Trump, a prominent figure in Republican politics and a frontrunner for the 2024 presidential nomination. The allegations of foreign emoluments and their potential violation of the Constitution contribute to the ongoing scrutiny of Trump’s business practices during his presidency.