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Trump blinks first in trade war with China. The money was just too much to resist.|
Now we get to see how his spin doctors try and show it in a different light.
72 hours is a long, long time to wait for a money hungry oligarch.
But Trump managed to while trying and cover his tracks.
It didn't work. Even if he had managed to wait three weeks the connection is obvious.
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. 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 promises to do so during the campaign, has not divested himself of his businesses, and continues to profit from them.