Gatestone Institute senior fellow Gordon Chang joins ‘Mornings with Maria’ to weigh in on President Donald Trump’s escalating tariff battle with China, mounting Iran tensions and the high-stakes summit with Xi Jinping.
The Trump Group signed an settlement to construct a $1 billion skyscraper on Australia’s Golden Coast, the corporate introduced on Friday.
The $1.06 billion constructing will rise 91 flooring within the Australian state of Queensland, the Trump group mentioned in an announcement. The constructing will function a “six-star resort-hotel” with 270 residences in addition to assorted outlets and a seashore membership, mentioned native developer Altus Property Group.
“Australia’s tallest constructing might be a Trump Tower, proper in the course of Surfers Paradise — it’s nice for Queensland tourism, and unbelievable for Australia,” Altus mentioned in a press release.
“It gained’t have a 4 Seasons or Ritz-Carlton model above the entrance door, however it can say ‘Trump.’ And meaning it’s a no-expense-spared, highest-possible-quality constructing — the very best on the planet,” it added.
TRUMP UNVEILS NEW RENDERING OF SPRAWLING WHITE HOUSE BALLROOM PROJECT
The facade of The Trump Constructing within the Monetary District of New York Metropolis, on Nov. 18, 2023. (Mairo Cinquetti/NurPhoto through Getty Photographs)
Altus CEO David Younger mentioned the property deal has been within the works for many years after he cold-called Ivanka Trump concerning the potential deal in 2007.
The announcement comes because the Trump Group and President Donald Trump are suing varied banks for allegedly “debanking” accounts after the storming of the U.S. Capitol in January 2021.
JPMorgan Chase Financial institution admitted final week that it closed the president’s financial institution accounts following Jan. 6 of that yr, a confession spurred by a $5 billion authorized problem from the president final month.
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President Donald Trump and first woman Melania Trump stroll to board Marine One on the South Garden of the White Home, Dec. 23, 2020. (AP Picture/Evan Vucci)
Trump and his corporations got till April 19, 2021, to switch a whole lot of hundreds of thousands of {dollars} earlier than the accounts have been formally closed.
Whereas the financial institution’s letters don’t present a particular cause for the closures, Trump attorneys are alleging the accounts have been “unlawfully closed as a consequence of political discrimination,” and that they have been positioned on a “blacklist.”
In an earlier submitting, Trump’s attorneys famous he was a JPMorgan buyer for many years, and he and his affiliated entities transacted “a whole lot of hundreds of thousands of {dollars}” by means of the financial institution.
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The Trump Group additionally sued Capital One in 2025, claiming the financial institution in 2021 “unjustifiably” terminated greater than 300 of its financial institution accounts and accounts belonging to Trump members of the family.
On the time, a Capital One spokesperson advised Fox Information Digital, “Capital One has not and doesn’t shut buyer accounts for political causes.”
