President Trump is calling for an investigation into Joe Biden’s business ties with China.
Biden recently drew criticism from both the left and right when he flippantly dismissed China as a “threat.”
The New York Post asked the question…Why is Joe Biden so warm toward China?
Last week, Biden raised eyebrows when he shrugged off concerns over the China threat. “Come on, man,” Biden said. “I mean, you know, they’re not bad folks, folks. But guess what, they’re not competition for us.”
Perhaps Biden’s insouciant attitude toward the Chinese government has to do with the fact that his family does not consider them competitors but business partners.
In 2013, then-Vice President Joe Biden and his son Hunter Biden flew aboard Air Force Two to China. Less than two weeks later, Hunter Biden’s firm inked a $1 billion private equity deal with a subsidiary of the Chinese government’s Bank of China. The deal was later expanded to $1.5 billion. In short, the Chinese government funded a business that it co-owned along with the son of a sitting vice president.
If it sounds shocking that a vice president would shape US-China policy as his son — who has scant experience in private equity — clinched a coveted billion-dollar deal with an arm of the Chinese government, that’s because it is.
Watch the video:
In an interview with Fox News host Steve Hilton, President Donald Trump revealed he thinks Joe Biden should be investigated for business ties to China.
Biden, the former vice president, is currently one of many Democrats campaigning to earn the Democrat Party nomination for president to challenge Trump in 2020.
Hilton asked Trump whether Biden should be investigated for alleged Chinese government investments in his business interests and Trump wholeheartedly agreed.
“Don’t you think that should be investigated?” Hilton asked. “That financial connection –the Chinese government putting billions of dollars into Biden’s family business.”
Trump answered simply, “100 percent.”
The president continued, “It’s a disgrace. And then he says China’s not a competitor of ours. China is a massive competitor of ours. They want to take over the world.”
“Clinton Cash” author Peter Schweizer revealed in his book that the firm of Joe Biden’s son Hunter “inked a $1 billion private equity deal with a subsidiary of the Chinese government’s Bank of China.”
Trump talking about Biden was one of several previews of a longer interview with Steve Hilton. The full interview will air Sunday evening on Hilton’s weekly show “The Next Revolution.”
In a recent interview with Politico, President Trump predicted Biden would stay ahead of his Democrat competitors while campaigning. He even compared the campaign to his 2016 effort against Hillary Clinton and the many other Republicans seeking the White House.
“If you remember, from the day I came down the escalator until the end of the primaries, I was in the number-one position. I was center stage every debate. And, you know, nobody came close,” said Trump.
The president mocked Biden for an already infamous gaffe where the former vice president referred to the late Margaret Thatcher as the current prime minister of Britain.
“Is that a good front runner? I don’t know. That was a beauty,” said Trump.
The president has taken a stern stance when it comes to trade negotiations with China and it seems to be a position that is not winning him many friends on the left.
Rep. Maxine Waters (D-CA) appeared on CNN’s “New Day” on Friday and criticized Trump for his trade negotiations with China. She said the president lacks the “expertise” needed to negotiate and she even accused him of being a “bluffer.”
“[Trump] does not appear to have the expertise and the kind of support that gives you credible information about these decisions,” said Waters.
The congresswoman added, “If he wants to do real trade or change trade, he needs to be in negotiations. He needs to talk about what makes good sense with this country and our businesses. And I think the bluffing is over and China retaliated because they know he’s a bluffer now.”
The left can stomp and wave their fists as much as they want, but many people voted for Trump specifically for his trade positions and his America first economy policies.
As for Biden, if Trump can be investigated for years, cleared of wrongdoing and then still face investigations and calls for impeachment, then why shouldn’t the former vice president’s business interests be looked at?