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105-732: The assurances were originally proposed by the then Kuomintang (Chinese Nationalist Party) government of the Republic of China on Taiwan during negotiations between the U.S. and the People's Republic of China. The U.S. Reagan administration agreed to the assurances and informed the United States Congress of them in July 1982. Today, the Six Assurances are part of semiformal guidelines used in conducting relations between

210-703: A $ 100 million mortgage on Trump Tower (refinanced in 2022) and the liquidation of over $ 200 million in stocks and bonds. He personally guaranteed $ 421 million in debt, most of which is due by 2024. As of October 2021 , Trump had over $ 1.3 billion in debts, much of which was secured by his assets. In 2020, he owed $ 640 million to banks and trust organizations, including Bank of China , Deutsche Bank , and UBS , and approximately $ 450 million to unknown creditors. The value of his assets exceeds his debt. Trump has produced 19 books under his name. At least some of them have been written or co-written by ghostwriters . His first book, The Art of

315-744: A $ 70 million bank construction loan. The hotel reopened in 1980 as the Grand Hyatt Hotel , and that same year, he obtained rights to develop Trump Tower , a mixed-use skyscraper in Midtown Manhattan. The building houses the headquarters of the Trump Corporation and Trump's PAC and was his primary residence until 2019. In 1988, Trump acquired the Plaza Hotel with a loan from a consortium of sixteen banks. The hotel filed for bankruptcy protection in 1992, and

420-466: A 20 percent share, formed All County Building Supply & Maintenance Corp. The company had no offices and is alleged to have been a shell company for paying the vendors providing services and supplies for Trump's rental units, then billing those services and supplies to Trump Management with markups of 20–50 percent and more. The owners shared the proceeds generated by the markups. The increased costs were used to get state approval for increasing

525-735: A company that sold real estate seminars for up to $ 35,000. After New York State authorities notified the company that its use of "university" violated state law (as it was not an academic institution), its name was changed to the Trump Entrepreneur Initiative in 2010. In 2013, the State of New York filed a $ 40 million civil suit against Trump University, alleging that the company made false statements and defrauded consumers. Additionally, two class actions were filed in federal court against Trump and his companies. Internal documents revealed that employees were instructed to use

630-558: A cult figure after his death. The control by one single party began the period of "political tutelage", whereby the party was to lead the government while instructing the people on how to participate in a democratic system. The topic of reorganizing the army, brought up at a military conference in 1929, sparked the Central Plains War . The cliques, some of them former warlords, demanded to retain their army and political power within their own territories. Although Chiang finally won

735-560: A degree unprecedented in American politics. After his first term, scholars and historians ranked him as one of the worst presidents in American history. He lost the 2020 presidential election , but did not concede, falsely claiming widespread electoral fraud and attempting to overturn the results , including his involvement in the January ;6 Capitol attack . In 2024, he was found guilty of falsifying business records , making him

840-412: A hard-sell approach, and former employees testified that Trump University had defrauded or lied to its students. Shortly after he won the 2016 presidential election, he agreed to pay a total of $ 25 million to settle the three cases. The Donald J. Trump Foundation was a private foundation established in 1988. From 1987 to 2006, Trump gave his foundation $ 5.4 million which had been spent by

945-402: A history of belittling women when speaking to the media and on social media. He made lewd comments, disparaged women's physical appearances, and referred to them using derogatory epithets. At least 25 women publicly accused him of sexual misconduct , including rape, kissing without consent, groping, looking under women's skirts, and walking in on naked teenage pageant contestants. He has denied

1050-600: A hotel and casino, with financing and management help from the Holiday Corporation . It was unprofitable, and he paid Holiday $ 70 million in May 1986 to take sole control. In 1985, he bought the unopened Atlantic City Hilton Hotel and renamed it Trump Castle . Both casinos filed for Chapter 11 bankruptcy protection in 1992. Trump bought a third Atlantic City venue in 1988, the Trump Taj Mahal . It

1155-613: A leaderless and decentralized way and that Sun was only later elected provisional president of the new Chinese republic. However, Sun did not have military power and ceded the provisional presidency of the republic to Yuan Shikai , who arranged for the abdication of Puyi , the last Emperor, on 12 February. On 25 August 1912, the Nationalist Party was established at the Huguang Guild Hall in Beijing , where

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1260-649: A member of the Senate Foreign Relations Committee and Senate Select Committee on Intelligence and Bob Menendez ( D - NJ ), former chair of the Senate Foreign Relations Committee and co-chair of the Senate Taiwan Caucus , introduced a concurrent resolution reaffirming the Taiwan Relations Act and the “Six Assurances” as cornerstones of United States–Taiwan relations . The Republican Party Platform of

1365-700: A poorly planned and ill-supported armed rising to overthrow Yuan, and failed. Yuan, claiming subversiveness and betrayal, expelled adherents of the KMT from the parliament . Yuan dissolved the Nationalists, whose members had largely fled into exile in Japan, in November and dismissed the parliament early in 1914. Yuan Shikai proclaimed himself emperor in December 1915. While exiled in Japan in 1914, Sun established

1470-482: A reorganization plan was approved a month later, with the banks taking control of the property. In 1995, he defaulted on over $ 3 billion of bank loans, and the lenders seized the Plaza Hotel along with most of his other properties in a "vast and humiliating restructuring" that allowed him to avoid personal bankruptcy. The lead bank's attorney said of the banks' decision that they "all agreed that he'd be better alive than dead". In 1996, Trump acquired and renovated

1575-474: A review of state and federal court files conducted by USA Today in 2018, Trump and his businesses had been involved in more than 4,000 state and federal legal actions. While he has not filed for personal bankruptcy , his over-leveraged hotel and casino businesses in Atlantic City and New York filed for Chapter 11 bankruptcy protection six times between 1991 and 2009. They continued to operate while

1680-547: A series of bankruptcies in the 1990s, mostly by licensing the Trump name. From 2004 to 2015, he produced and hosted the reality television series The Apprentice . In 2015, Trump launched a presidential campaign that led to the Trumpism movement. Trump won the 2016 presidential election . His election and policies sparked numerous protests . In his first term , he ordered a travel ban targeting Muslims and refugees, funded

1785-1479: A visit to Taiwan , made reference to the United States' continuing support of the TRA, Three Communiqués, and the Six Assurances. Kuomintang Lai Ching-te ( DPP ) Hsiao Bi-khim ( DPP ) Cho Jung-tai ( DPP ) 11th Legislative Yuan Han Kuo-yu ( KMT ) Shieh Ming-yan acting Vacant Vacant Vacant Control Yuan Chen Chu Lee Hung-chun Local government Central Election Commission Kuomintang Democratic Progressive Party Taiwan People's Party Others New Power Party Taiwan Statebuilding Party People First Party Taiwan Solidarity Union New Party Non-Partisan Solidarity Union Newspapers United Daily News Liberty Times China Times Taipei Times Propaganda Censorship Film censorship Lin Chia-lung Cross-Strait relations Special state-to-state relations One Country on Each Side 1992 Consensus Taiwan consensus Chinese Taipei Australia–Taiwan relations Canada–Taiwan relations France–Taiwan relations Russia–Taiwan relations Taiwan–United Kingdom relations Taiwan–United States relations Republic of China (1912–1949) Chinese Civil War One-China policy China and

1890-419: A white woman in the 1989 Central Park jogger case , even after they were exonerated in 2002 when the actual rapist confessed and his DNA matched the evidence. In October 2024, the men sued Trump for defamation after he said in a televised September debate that they had committed the crime and killed the woman. In 2011, when he was reportedly considering a presidential run, Trump became the leading proponent of

1995-974: Is a centre-right to right-wing party and the largest in the Pan-Blue Coalition , one of the two main political groups in Taiwan. Its primary rival is the Democratic Progressive Party (DPP), the largest party in the Pan-Green Coalition . As of 2024, the KMT is the largest single party in the Legislative Yuan . The current chairman is Eric Chu . The party originated as the Revive China Society founded by Sun Yat-sen in 1894 in Honolulu . The party underwent reorganization before and after

2100-526: Is depleted by exercise. In 2015, his campaign released a letter from his longtime personal physician, Harold Bornstein , stating that he would "be the healthiest individual ever elected to the presidency". In 2018, Bornstein said Trump had dictated the contents of the letter and that three of Trump's agents had seized his medical records in a February 2017 raid on Bornstein’s office. Many of Trump's comments and actions have been described as racist . In national polling, about half of respondents said that he

2205-440: Is racist; a greater proportion believed that he emboldened racists. Several studies and surveys found that racist attitudes fueled his political ascent and were more important than economic factors in determining the allegiance of Trump voters. Racist and Islamophobic attitudes are a powerful indicator of support for Trump. He has also been accused of racism for insisting a group of black and Latino teenagers were guilty of raping

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2310-540: Is the policy of the U.S. to enforce commitments to Taiwan consistent with the Six Assurances. As of September 2018, the Donald Trump administration "has stated that the U.S.-Taiwan relationship is also 'guided' by [the] 'Six Assurances'". In November 2020 U.S. Secretary of State Mike Pompeo stated “Taiwan has not been a part of China, and that was recognized with the work that the Reagan administration did to lay out

2415-651: The Trump Princess , which had been leased to his casinos and kept docked; and other businesses. In 1995, Trump founded Trump Hotels & Casino Resorts (THCR), which assumed ownership of the Trump Plaza. THCR purchased the Taj Mahal and the Trump Castle in 1996 and went bankrupt in 2004 and 2009, leaving him with 10 percent ownership. He remained chairman until 2009. In 1985, Trump acquired

2520-604: The 1911 Xinhai Revolution , which resulted in the collapse of the Qing dynasty and establishment of the Republic of China (ROC), with Sun as the first president. In 1919, Sun re-established the party under the name "Kuomintang" in the Shanghai French Concession . From 1926 to 1928, the KMT under Chiang Kai-shek successfully led the Northern Expedition against regional warlords and unified

2625-442: The 2016 Republican National Convention mentions the Six Assurances, stating, "We salute the people of Taiwan, with whom we share the values of democracy, human rights, a free market economy, and the rule of law. Our relations will continue to be based upon the provisions of the Taiwan Relations Act , and we affirm the Six Assurances given to Taiwan in 1982 by President Reagan . We oppose any unilateral steps by either side to alter

2730-616: The 2016 election , but regained a legislative plurality in the 2024 election . The KMT is a member of the International Democracy Union . The party's guiding ideology is the Three Principles of the People , advocated by Sun Yat-sen and organized on a basis of democratic centralism . As the KMT strongly supports the ROC as the only representative of China, it strongly opposes both Chinese unification under

2835-631: The College Board with legal action if they released his academic records. In 1977, Trump married the Czech model Ivana Zelníčková . They had three children: Donald Jr. (1977–), Ivanka (1981–), and Eric (1984–). The couple divorced in 1990, following his affair with the actress Marla Maples . He and Maples married in 1993 and divorced in 1999. They have one daughter, Tiffany (1993–), whom Maples raised in California. In 2005, he married

2940-537: The Eastern Air Lines Shuttle , financing the purchase with $ 380 million (equivalent to $ 979 million in 2023) in loans from a syndicate of 22 banks. He renamed the airline Trump Shuttle and operated it until 1992. He defaulted on his loans in 1991, and ownership passed to the banks. In 1992, Trump, his siblings Maryanne , Elizabeth, and Robert , and his cousin John W. Walter, each with

3045-568: The Mar-a-Lago estate in Palm Beach, Florida. In 1995, he converted the estate into a private club with an initiation fee and annual dues. He continued to use a wing of the house as a private residence. He declared the club his primary residence in 2019. The Trump Organization began building and buying golf courses in 1999. It owns fourteen and manages another three Trump-branded courses worldwide. The Trump Organization has licensed

3150-639: The Meiji Restoration , Chiang knew relatively little about the West. He also studied in Japan, but he was firmly rooted in his ancient Han Chinese identity and was steeped in Chinese culture . As his life progressed, he became increasingly attached to ancient Chinese culture and traditions. His few trips to the West confirmed his pro-ancient Chinese outlook and he studied the ancient Chinese classics and ancient Chinese history assiduously. In 1923, after

3255-738: The Nanjing incident in March 1927, the NRA stormed the consulates of the United States, the United Kingdom and Imperial Japan , looted foreign properties and almost assassinated the Japanese consul. An American, two British, one French, an Italian and a Japanese were killed. These looters also stormed and seized millions of dollars' worth of British concessions in Hankou , refusing to hand them back to

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3360-773: The New Jersey Generals , a team in the United States Football League . After the 1985 season, the league folded, largely due to his attempt to move to a fall schedule (when it would have competed with the NFL for audience) and trying to force a merger with the NFL by bringing an antitrust suit. Trump and his Plaza Hotel hosted several boxing matches at the Atlantic City Convention Hall . In 1989 and 1990, he lent his name to

3465-749: The New York State Department of Taxation and Finance started an investigation. His investments underperformed the stock and New York property markets. Forbes estimated in October 2018 that his net worth declined from $ 4.5 billion in 2015 to $ 3.1 billion in 2017 and his product-licensing income from $ 23 million to $ 3 million. Trump's tax returns from 1985 to 1994 show net losses totaling $ 1.17 billion. The losses were higher than those of almost every other American taxpayer. The losses in 1990 and 1991, more than $ 250 million each year, were more than double those of

3570-618: The Northern Expedition to suppress the warlords began. Chiang had to defeat three separate warlords and two independent armies. Chiang, with Soviet supplies, conquered the southern half of China in nine months. A split erupted between the Chinese Communist Party and the KMT, which threatened the Northern Expedition. Wang Jing Wei, who led the KMT leftist allies, took the city of Wuhan in January 1927. With

3675-709: The Plaza Hotel in Manhattan, the casinos in Atlantic City, New Jersey , and the Trump Hotels & Casino Resorts company. Trump attracted public attention in 1978 with the launch of his family's first Manhattan venture, the renovation of the derelict Commodore Hotel , adjacent to Grand Central Terminal. The financing was facilitated by a $ 400 million city property tax abatement arranged for him by his father who also, jointly with Hyatt , guaranteed

3780-492: The Reform Party , in 1999; a Democrat in 2001; a Republican in 2009; unaffiliated in 2011; and a Republican in 2012. In 1987, Trump placed full-page advertisements in three major newspapers, expressing his views on foreign policy and how to eliminate the federal budget deficit. In 1988, he approached Lee Atwater , asking to be put into consideration to be Republican nominee George H. W. Bush 's running mate. Bush found

3885-511: The Tongmenghui and five smaller pro-revolution parties merged to contest the first national elections. Sun was chosen as the party chairman with Huang Xing as his deputy. The most influential member of the party was the third ranking Song Jiaoren , who mobilized mass support from gentry and merchants for the Nationalists to advocate a constitutional parliamentary democracy. The party opposed constitutional monarchists and sought to check

3990-522: The Tongmenghui days, was sent to Moscow for several months' military and political study. At the first party congress in 1924 in Guangzhou , Guangdong, which included non-KMT delegates such as members of the CCP, they adopted Sun's political theory, which included the Three Principles of the People : nationalism, democracy and people's livelihood. When Sun Yat-sen died in 1925, the political leadership of

4095-719: The Tongmenghui , a group committed to the overthrow of the Qing dynasty and to establish a republic in China. The group supported the Xinhai Revolution of 1911 and the founding of the Republic of China on 1 January 1912. Although Sun and the Tongmenghui are often depicted as the principal organizers of the Xinhai Revolution, this view is disputed by scholars who argue that the Revolution broke out in

4200-744: The Tour de Trump cycling stage race, an attempt to create an American equivalent of European races such as the Tour de France or the Giro d'Italia . From 1986 to 1988, Trump purchased significant blocks of shares in various public companies while suggesting that he intended to take over the company and then sold his shares for a profit, leading some observers to think he was engaged in greenmail . The New York Times found that he initially made millions of dollars in such stock transactions, but "lost most, if not all, of those gains after investors stopped taking his takeover talk seriously". In 1988, Trump purchased

4305-643: The Trump wall expanding the U.S.–Mexico border wall, and implemented a family separation policy at that border. He rolled back more than 100 environmental policies and regulations, signed the Tax Cuts and Jobs Act of 2017, and appointed three justices to the Supreme Court. He initiated a trade war with China, withdrew the U.S. from several international agreements, and met with North Korean leader Kim Jong Un without progress on denuclearization. In response to

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4410-554: The national government relocated to Taiwan . Following the death of Sun Yat-sen, Chiang Kai-shek emerged as the KMT leader and launched the Northern Expedition to defeat the northern warlords and unite China under the party. With its power confirmed in the southeast, the Nationalist Government appointed Chiang Kai-shek commander-in-chief of the National Revolutionary Army (NRA), and

4515-486: The 1982, 1983, and 1984 rankings. Trump has often said he began his career with "a small loan of a million dollars" from his father and that he had to pay it back with interest. He was a millionaire by age eight, borrowed at least $ 60 million from his father, largely failed to repay those loans, and received another $ 413 million (2018 dollars adjusted for inflation) from his father's company. In 2018, he and his family were reported to have committed tax fraud, and

4620-578: The 1990s. The Chinese Communist Party (CCP) was under Comintern instructions to cooperate with the KMT, and its members were encouraged to join while maintaining their separate party identities, forming the First United Front between the two parties. Mao Zedong and early members of the CCP also joined the KMT in 1923. Soviet advisers also helped the KMT to set up a political institute to train propagandists in mass mobilization techniques, and in 1923 Chiang Kai-shek, one of Sun's lieutenants from

4725-525: The COVID-19 pandemic , Trump signed the CARES Act on March 27, 2020. He was impeached in 2019 for abuse of power and obstruction of Congress, and in 2021 for incitement of insurrection; the Senate acquitted him in both cases. Trump's politics and rhetoric led to the creation of Trumpism . Many of his comments and actions have been characterized as racially charged, racist, and misogynistic. He promoted conspiracy theories and made many false and misleading statements during his campaigns and presidency, to

4830-408: The Chinese Revolutionary Party on 8 July 1914, but many of his old revolutionary comrades, including Huang Xing, Wang Jingwei , Hu Hanmin and Chen Jiongming , refused to join him or support his efforts in inciting armed uprising against Yuan. To join the Revolutionary Party, members had to take an oath of personal loyalty to Sun, which many old revolutionaries regarded as undemocratic and contrary to

4935-538: The Deal (1987), was a New York Times Best Seller . While he was credited as co-author, the entire book was written by Tony Schwartz . According to The New Yorker , the book made Trump famous as an "emblem of the successful tycoon". Trump had cameos in many films and television shows from 1985 to 2001. Starting in the 1990s, Trump was a guest about 24 times on the nationally syndicated Howard Stern Show . He had his own short-form talk radio program called Trumped! from 2004 to 2008. From 2011 until 2015, he

5040-485: The Japanese factories and their supplies. Full-scale civil war between the Communists and the Nationalists erupted in 1946. The Communist Chinese armies, the People's Liberation Army (PLA), previously a minor faction, grew rapidly in influence and power due to several errors on the KMT's part. First, the KMT reduced troop levels precipitously after the Japanese surrender, leaving large numbers of able-bodied, trained fighting men who became unemployed and disgruntled with

5145-423: The KMT and its Canton government accepted aid from the Soviet Union after being denied recognition by the western powers. Soviet advisers—the most prominent of whom was Mikhail Borodin , an agent of the Comintern —arrived in China in 1923 to aid in the reorganization and consolidation of the KMT along the lines of the Russian Communist Party (Bolsheviks) , establishing a Leninist party structure that lasted into

5250-468: The KMT as prime recruits for the PLA. Second, the KMT government proved thoroughly unable to manage the economy, allowing hyperinflation to result. Among the most despised and ineffective efforts it undertook to contain inflation was the conversion to the gold standard for the national treasury and the Chinese gold yuan in August 1948, outlawing private ownership of gold, silver and foreign exchange, collecting all such precious metals and foreign exchange from

5355-404: The KMT fell to Wang Jingwei (" Reorganization Group ") and Hu Hanmin (" Western Hills Group "), respectively the left-wing and right-wing leaders of the party. However, the real power was in the hands of Chiang Kai-shek, who was in near complete control of the military as the superintendent of the Whampoa Military Academy . With their military superiority, the KMT confirmed their rule on Canton,

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5460-410: The KMT government and military. Chiang was alarmed by the expansion of communist influence; he wanted to suppress internal conflicts before confronting foreign aggression. The KMT were aided by German military advisors. The CSR was destroyed in 1934 after a series of KMT offensives. The communists abandoned bases in southeast China for Shaanxi in a military retreat called the Long March ; less than 10% of

5565-408: The New York attorney general determined the foundation to be in violation of state law, for soliciting donations without submitting to required annual external audits, and ordered it to cease its fundraising activities in New York immediately. Trump's team announced in December 2016 that the foundation would be dissolved. In June 2018, the New York attorney general's office filed a civil suit against

5670-441: The PRC and formal Taiwan independence . As the KMT opposes non-peaceful means to resolve the cross-strait disputes while still strongly adhering to the ROC constitution , the party favors a closer relationship with the PRC and accepts the 1992 Consensus , which defines both sides of the Taiwan Strait as " one China " but maintains its ambiguity to different interpretations. It seeks to maintain Taiwan's status quo rather than

5775-427: The ROC losing its United Nations seat and most countries, including its ally the US, switching diplomatic recognition to the CCP-led People's Republic of China (PRC) in the 1970s. In the late 1980s, Chiang Ching-kuo , Chiang Kai-shek's son, lifted martial law and the ban on opposition parties. His successor Lee Teng-hui continued democratic reforms and was re-elected in 1996 through a direct presidential election ,

5880-420: The Slovenian model Melania Knauss . They have one son, Barron (2006–). Trump says he has never drunk alcohol, smoked cigarettes, or used drugs. He sleeps about four or five hours a night. He has called golfing his "primary form of exercise", but usually does not walk the course. He considers exercise a waste of energy because he believes the body is "like a battery, with a finite amount of energy", which

5985-412: The Soviet Model. Chiang was also particularly committed to Sun's idea of "political tutelage". Sun believed that the only hope for a unified and better China lay in a military conquest, followed by a period of political tutelage that would culminate in the transition to democracy. Using this ideology, Chiang built himself into the dictator of the Republic of China, both in the Chinese mainland and after

6090-483: The Taiwan Strait and call on China to reciprocate. As a loyal friend of America, Taiwan has merited our strong support, including free trade agreement status, the timely sale of defensive arms including technology to build diesel submarines , and full participation in the World Health Organization, International Civil Aviation Organization, and other multilateral institutions." The Asia Reassurance Initiative Act ( Pub. L.   115–409 (text) (PDF) ) states that it

6195-427: The Trump name for consumer products and services, including foodstuffs, apparel, learning courses, and home furnishings. According to The Washington Post , there are more than 50 licensing or management deals involving his name, and they have generated at least $ 59 million in revenue for his companies. By 2018, only two consumer goods companies continued to license his name. In September 1983, Trump purchased

6300-420: The UK government. Both Nationalists and Communist soldiers within the army participated in the rioting and looting of foreign residents in Nanjing. NRA took Beijing in 1928. The city was the internationally recognized capital, even when it was previously controlled by warlords. This event allowed the KMT to receive widespread diplomatic recognition in the same year. The capital was moved from Beijing to Nanjing,

6405-437: The US and Taiwan. The assurances have been generally reaffirmed by successive U.S. administrations. Prior to 2016, they were purely informal, but in 2016, their formal content was adopted by the US House of Representatives and the Senate in non-binding resolutions, upgrading their status to formal but not directly enforceable. The United States House of Representatives passed a concurrent resolution on May 16, 2016, giving

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6510-419: The US. This became an issue which proved to be a hindrance of its relationship with US government . US President Harry S. Truman wrote that " the Chiangs , the Kungs and the Soongs (were) all thieves", having taken $ 750 million in US aid. Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of

6615-422: The United Nations Chinese unification Taiwan independence movement Taiwanese nationalism Tangwai movement The Kuomintang ( KMT ), also referred to as the Guomindang ( GMD ), the Nationalist Party of China ( NPC ) or the Chinese Nationalist Party ( CNP ), is a political party in the Republic of China , initially based on the Chinese mainland and then in Taiwan since 1949. The KMT

6720-454: The United States from 2017 to 2021. He won the 2024 presidential election as the nominee of the Republican Party and is scheduled to be inaugurated as the 47th president on January 20, 2025. Trump graduated with a bachelor's degree in economics from the University of Pennsylvania in 1968. After becoming president of the family real estate business in 1971, he renamed it the Trump Organization . Trump launched side ventures following

6825-399: The allegations. In October 2016, a 2005 " hot mic " recording surfaced in which Trump bragged about kissing and groping women without their consent, saying that "when you're a star, they let you do it. You can do anything. ... Grab 'em by the pussy ." The incident's widespread media exposure led to Trump's first public apology during his 2016 presidential campaign and caused outrage across

6930-417: The banks restructured debt and reduced his shares in the properties. During the 1980s, more than 70 banks had lent Trump $ 4 billion. After his corporate bankruptcies of the early 1990s, most major banks, with the exception of Deutsche Bank, declined to lend to him. After the January 6 Capitol attack , the bank decided not to do business with him or his company in the future. In 1982, Trump made

7035-402: The communist army survived. A new base, the Shaan-Gan-Ning Border Region , was created with Soviet aid. KMT secret police persecuted suspected communists and political opponents with terror . In The Birth of Communist China , C.P. Fitzgerald describes China under the rule of the KMT thus: "the Chinese people groaned under a regime Fascist in every quality except efficiency." In 1936, Chiang

7140-417: The communists in the civil war. From 1949 to 1987, the KMT ruled Taiwan as an authoritarian one-party state after the February 28 incident . During this period, martial law was in effect and civil liberties were curtailed as part of its anti-communism efforts, with the period known as the White Terror . The party oversaw Taiwan's economic development , but experienced diplomatic setbacks , including

7245-539: The end of 2006. After donating a total of $ 65,000 in 2007–2008, he stopped donating any personal funds to the charity, which received millions from other donors, including $ 5 million from Vince McMahon . The foundation gave to health- and sports-related charities, conservative groups, and charities that held events at Trump properties. In 2016, The Washington Post reported that the charity committed several potential legal and ethical violations, including alleged self-dealing and possible tax evasion . Also in 2016,

7350-543: The first U.S. president to be convicted of a felony. He faced more felony indictments related to his interference in the 2020 election and his handling of classified documents , which were dismissed following his reelection in 2024. Trump was born on June 14, 1946, at Jamaica Hospital in Queens , New York City, the fourth child of Fred Trump and Mary Anne MacLeod Trump . He is of German and Scottish descent. He grew up with his older siblings, Maryanne , Fred Jr. , and Elizabeth, and his younger brother, Robert , in

7455-405: The first formal wording for the Six Assurances by more or less directly adopting how the former Assistant Secretary of State for East Asian and Pacific Affairs John H. Holdridge expressed them in 1982 (which was delivered to Taiwan's President Chiang Ching-kuo by then-Director of the American Institute in Taiwan James R. Lilley ): A similar resolution passed the Senate on July 6, 2016. In

7560-423: The first time in the ROC history. The 2000 presidential election ended 72 years of KMT's dominance in the ROC. The KMT reclaimed power from 2008 to 2016, with the landslide victory of Ma Ying-jeou in the 2008 presidential election , whose presidency significantly loosened restrictions on economic and cultural exchanges with the People's Republic of China. The KMT lost the presidency and its legislative majority in

7665-710: The first version, which was introduced to Congress by Rep. Steve Chabot on October 28, 2015, the Six Assurances were proposed to be: Declassified cables, sent in 1982 from the State Department, detail the Six Assurances: The State Department has reaffirmed the Six Assurances repeatedly. On May 19, 2016, one day before Tsai Ing-wen assumed the Presidency of the Republic of China , U.S. Senators Marco Rubio ( R - FL ),

7770-497: The foreign powers and the Qing dynasty. The KMT government demanded that the foreign powers renegotiate the treaties on equal terms. Before the Northern Expedition, the KMT began as a heterogeneous group advocating American-inspired federalism and provincial autonomy. However, the KMT under Chiang's leadership aimed at establishing a centralized one-party state with one ideology. This was even more evident following Sun's elevation into

7875-464: The formal independence or the unification. The KMT traces its ideological and organizational roots to the work of Sun Yat-sen , a proponent of Chinese nationalism and democracy who founded the Revive China Society at the capital of the Republic of Hawaii , Honolulu , on 24 November 1894. On 20 August 1905, Sun joined forces with other anti-monarchist societies in Tokyo, Empire of Japan , to form

7980-732: The formation of the First United Front , Sun Yat-sen sent Chiang to spend three months in Moscow studying the political and military system of the Soviet Union. Although Chiang did not follow the Soviet Communist doctrine, he, like the Communist Party, sought to destroy warlordism and foreign imperialism in China , and upon his return established the Whampoa Military Academy near Guangzhou, following

8085-409: The foundation, Trump, and his adult children, seeking $ 2.8 million in restitution and additional penalties. In December 2018, the foundation ceased operation and disbursed its assets to other charities. In November 2019, a New York state judge ordered Trump to pay $ 2 million to a group of charities for misusing the foundation's funds, in part to finance his presidential campaign. Roy Cohn

8190-538: The fragmented nation , leading to the fall of the Beiyang government . KMT was the sole ruling party of the ROC in China from 1928 to 1949, however the party had no actual control over a lot of territory during this period due to the civil war with the Chinese Communist Party (CCP) and the war against Japanese aggression. The party retreated to Taiwan in December 1949, following its defeat by

8295-717: The initial Forbes list of wealthy people for holding a share of his family's estimated $ 200 million net worth (equivalent to $ 631 million in 2023). His losses in the 1980s dropped him from the list between 1990 and 1995. After filing the mandatory financial disclosure report with the FEC in July 2015, he announced a net worth of about $ 10 billion. Records released by the FEC showed at least $ 1.4 billion in assets and $ 265 million in liabilities. Forbes estimated his net worth dropped by $ 1.4 billion between 2015 and 2018. In their 2024 billionaires ranking, his net worth

8400-638: The mostly vacant 71-story skyscraper at 40 Wall Street , later rebranded as the Trump Building. In the early 1990s, he won the right to develop a 70-acre (28 ha) tract in the Lincoln Square neighborhood near the Hudson River. Struggling with debt from other ventures in 1994, he sold most of his interest in the project to Asian investors, who financed the project's completion, Riverside South . Trump's last major construction project

8505-605: The nearest taxpayers. In 1995, his reported losses were $ 915.7 million (equivalent to $ 1.83 billion in 2023). In 2020, The New York Times obtained Trump's tax information extending over two decades. Its reporters found that he reported losses of hundreds of millions of dollars. Since 2010 he had also failed to pay back $ 287 million in loans. During the 15 years prior to 2020, using tax credits for business losses, he paid no income taxes in 10 of those years and $ 750 each in 2016 and 2017. He balanced his businesses' losses by selling and borrowing against assets, including

8610-523: The original capital of the Ming dynasty , and thus a symbolic purge of the final Qing elements. This period of KMT rule in China between 1927 and 1937 was relatively stable and prosperous and is still known as the Nanjing decade . After the Northern Expedition in 1928, the Nationalist government under the KMT declared that China had been exploited for decades under the unequal treaties signed between

8715-474: The people and issuing the Gold Standard Scrip in exchange. As most farmland in the north were under CCP's control, the cities governed by the KMT lacked food supply and this added to the hyperinflation. The new scrip became worthless in only ten months and greatly reinforced the nationwide perception of the KMT as a corrupt or at best inept entity. Third, Chiang Kai-shek ordered his forces to defend

8820-538: The policies that the United States has adhered to now for three and a half decades, and done so under both administrations.” which was seen as invoking clause 5. The National Defense Authorization Act for Fiscal Year 2021 reconfirmed the Taiwan Relations Act (TRA) and the Six Assurances as the foundation for US-Taiwan relations. On August 2, 2022, Speaker of the House, Nancy Pelosi , in a statement from

8925-728: The political spectrum. Starting in 1968, Trump was employed at his father's real estate company, Trump Management, which owned racially segregated middle-class rental housing in New York City's outer boroughs. In 1971, his father made him president of the company and he began using the Trump Organization as an umbrella brand . In 1975, Trump settled a 1973 Department of Justice civil rights lawsuit alleging housing discrimination against black renters by consenting to desegregate. Between 1991 and 2009, he filed for Chapter 11 bankruptcy protection for six of his businesses:

9030-527: The power of Yuan. The Nationalists won an overwhelming majority in the first National Assembly election in December 1912. However, Yuan soon began to ignore the parliament in making presidential decisions. Song Jiaoren was assassinated in Shanghai in 1913. Members of the Nationalists, led by Sun Yat-sen, suspected that Yuan was behind the plot and thus staged the Second Revolution in July 1913,

9135-516: The provincial capital of Guangdong . The Guangxi warlords pledged loyalty to the KMT. The KMT now became a rival government in opposition to the warlord Beiyang government based in Beijing . Chiang assumed leadership of the KMT on 6 July 1926. Unlike Sun Yat-sen, whom he admired greatly and who forged all his political, economic, and revolutionary ideas primarily from what he had learned in Hawaii and indirectly through Hong Kong and Japan under

9240-523: The racist "birther" conspiracy theory , alleging that Barack Obama, the first black U.S. president, was not born in the U.S. In April, he claimed credit for pressuring the White House to publish the "long-form" birth certificate, which he considered fraudulent, and later said this made him "very popular". In September 2016, amid pressure, he acknowledged that Obama was born in the U.S. In 2017, he reportedly expressed birther views privately. Trump has

9345-585: The related licensing agreements, they earned him more than $ 400 million. In February 2021, Trump, who had been a member of SAG-AFTRA since 1989, resigned to avoid a disciplinary hearing regarding the January ;6 attack. Two days later, the union permanently barred him. Trump registered as a Republican in 1987; a member of the Independence Party , the New York state affiliate of

9450-632: The rents of his rent-stabilized units. From 1996 to 2015, Trump owned all or part of the Miss Universe pageants, including Miss USA and Miss Teen USA . Due to disagreements with CBS about scheduling, he took both pageants to NBC in 2002. In 2007, he received a star on the Hollywood Walk of Fame for his work as producer of Miss Universe. NBC and Univision dropped the pageants in June 2015. In 2004, Trump co-founded Trump University ,

9555-688: The request "strange and unbelievable". Trump was a candidate in the 2000 Reform Party presidential primaries for three months, but withdrew from the race in February 2000. In 2011, Trump speculated about running against President Barack Obama in the 2012 election , making his first speaking appearance at the Conservative Political Action Conference (CPAC) in February and giving speeches in early primary states. In May, he announced he would not run. His presidential ambitions were generally not taken seriously at

9660-582: The spirit of the revolution. As a result, he became largely sidelined within the Republican movement during this period. Sun returned to China in 1917 to establish a military junta at Canton to oppose the Beiyang government but was soon forced out of office and exiled to Shanghai . There, with renewed support, he resurrected the KMT on 10 October 1919, under the name Kuomintang of China ( 中國國民黨 ) and established its headquarters in Canton in 1920. In 1923,

9765-534: The status quo in the Taiwan Straits on the principle that all issues regarding the island’s future must be resolved peacefully, through dialogue, and be agreeable to the people of Taiwan . If China were to violate those principles, the United States, in accord with the Taiwan Relations Act, will help Taiwan defend itself. We praise efforts by the new government in Taipei to continue constructive relations across

9870-794: The support of the Soviet agent Mikhail Borodin , Wang declared the National Government as having moved to Wuhan. Having taken Nanjing in March, Chiang halted his campaign and prepared a violent break with Wang and his communist allies. Chiang's expulsion of the CCP and their Soviet advisers, marked by the Shanghai massacre on 12 April, led to the beginning of the Chinese Civil War . Wang finally surrendered his power to Chiang. Once this split had been healed, Chiang resumed his Northern Expedition and managed to take Shanghai. During

9975-460: The urbanized cities. This decision gave CCP a chance to move freely through the countryside. At first, the KMT had the edge with the aid of weapons and ammunition from the United States (US). However, with the country suffering from hyperinflation , widespread corruption and other economic ills, the KMT continued to lose popular support. Some leading officials and military leaders of the KMT hoarded material, armament and military-aid funding provided by

10080-776: The war, the conflicts among the cliques would have a devastating effect on the survival of the KMT. Muslim Generals in Gansu waged war against the Guominjun in favor of the KMT during the conflict in Gansu in 1927–1930 . In 1931, Japanese aggression resumed with the Mukden Incident and occupation of Manchuria, and the CCP founded the Chinese Soviet Republic (CSR) in Jiangxi while secretly recruiting within

10185-603: The wealthy Jamaica Estates neighborhood of Queens. He attended the private Kew-Forest School through seventh grade and New York Military Academy , a private boarding school, from eighth through twelfth grade. In 1964, Trump enrolled at Fordham University . Two years later, he transferred to the Wharton School of the University of Pennsylvania , graduating in May 1968 with a Bachelor of Science in economics. In 2015, he threatened his high school, colleges, and

10290-415: Was Trump's fixer , lawyer, and mentor for 13 years in the 1970s and 1980s. According to Trump, Cohn sometimes waived fees due to their friendship. In 1973, Cohn helped Trump countersue the U.S. government for $ 100 million (equivalent to $ 686 million in 2023) over its charges that Trump's properties had racial discriminatory practices. Trump's counterclaims were dismissed, and the government's case

10395-479: Was a guest commentator on Fox & Friends . From 2004 to 2015, Trump was co-producer and host of reality shows The Apprentice and The Celebrity Apprentice . On the shows, he was a superrich and successful chief executive who eliminated contestants with the catchphrase "you're fired". The New York Times called his portrayal a "highly flattering, highly fictionalized version of Mr. Trump". The shows remade his image for millions of viewers nationwide. With

10500-596: Was estimated to be $ 2.3 billion (1,438th in the world). In 2018, journalist Jonathan Greenberg reported that Trump had called him in 1984 pretending to be a fictional Trump Organization official named " John Barron ". Greenberg said that, to get a higher ranking on the Forbes 400 list of wealthy Americans, Trump, speaking as "Barron", falsely asserted that Donald Trump owned more than 90 percent of his father's business. Greenberg also wrote that Forbes had vastly overestimated Trump's wealth and wrongly included him on

10605-518: Was financed with $ 675 million in junk bonds and completed for $ 1.1 billion, opening in April 1990. He filed for Chapter 11 bankruptcy protection in 1991. Under the provisions of the restructuring agreement, he gave up half his initial stake and personally guaranteed future performance. To reduce his $ 900 million of personal debt, he sold the Trump Shuttle airline; his megayacht,

10710-595: Was kidnapped by Zhang Xueliang in the Xi'an Incident and forced into the Second United Front , an anti-Japanese alliance with the CCP; the Second Sino-Japanese War started the following year. The alliance brought little coordination and was treated as a temporary cease fire in the civil war. The New Fourth Army Incident in 1941 ended the alliance. Japan surrendered in 1945, and Taiwan

10815-406: Was returned to the Republic of China on 25 October of that year. The brief period of celebration was soon shadowed by the possibility of a civil war between the KMT and CCP. The Soviet Union declared war on Japan just before it surrendered and occupied Manchuria , the north eastern part of China. The Soviet Union denied the KMT army the right to enter the region but allowed the CCP to take control of

10920-535: Was settled with the Trumps signing a consent decree agreeing to desegregate. In 1975, an agreement was struck requiring Trump's properties to furnish the New York Urban League with a list of all apartment vacancies, every week for two years, among other things. Cohn introduced political consultant Roger Stone to Trump, who enlisted Stone's services to deal with the federal government. According to

11025-590: Was the 92-story mixed-use Trump International Hotel and Tower (Chicago) which opened in 2008. In 2024, the New York Times and ProPublica reported that the Internal Revenue Service was investigating whether he had twice written off losses incurred through construction cost overruns and lagging sales of residential units in the building he had declared to be worthless on his 2008 tax return. In 1984, Trump opened Harrah's at Trump Plaza ,

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