"Jared Kushner’s family currently owes $250 million to China through Kushner Companies, a substantial sum. But rather than continuing to owe the large sum, AIG is prepared to forgive the majority of that debt if the family can pay just $50 million.
The deal is: AIG will invest in a Kushner Companies-owned office tower located on 5th avenue. AIG will pay a whopping $4 billion to invest. Even the most generous estimates claim that the building is worth $2.85 billion".
....And:China Currency Manipulation -- All's Well That Ends Well?
Phil Levy , CONTRIBUTOR
I write about international economic policy, with a focus on trade
Opinions expressed by Forbes Contributors are their own.
"Even devoted skeptics of President Trump were astonished this week when he said China was not manipulating its currency. While he had wavered on some other issues, his denunciation of Chinese practices had been a constant. Nor was this a trivial part of his electoral appeal. It linked both his claims that U.S. workers had been the victims of terrible trade practices and his argument that there had been a systematic failure to put America First. The accusation had resonated in a politically critical region, the Industrial Midwest".
No way there is a connection, is there?
The deal is: AIG will invest in a Kushner Companies-owned office tower located on 5th avenue. AIG will pay a whopping $4 billion to invest. Even the most generous estimates claim that the building is worth $2.85 billion".
....And:China Currency Manipulation -- All's Well That Ends Well?
Phil Levy , CONTRIBUTOR
I write about international economic policy, with a focus on trade
Opinions expressed by Forbes Contributors are their own.
"Even devoted skeptics of President Trump were astonished this week when he said China was not manipulating its currency. While he had wavered on some other issues, his denunciation of Chinese practices had been a constant. Nor was this a trivial part of his electoral appeal. It linked both his claims that U.S. workers had been the victims of terrible trade practices and his argument that there had been a systematic failure to put America First. The accusation had resonated in a politically critical region, the Industrial Midwest".
No way there is a connection, is there?
