Eric Trump and his older brother, Donald Trump Jr., who run the Trump Organization, have taken in tens of millions of dollars annually around the globe, yet are shocked that Hunter Biden hasn’t drawn more criticism for his business deals in Ukraine and China, according to the Los Angeles Times.
“Can you imagine if I took 3 cents from the Ukraine or 4 cents from China?” Eric Trump asked in an appearance for Fox Business.
“There’s no substantiated or credible allegation that I know of that Hunter Biden’s work was personally financially benefiting Joe Biden,” said Robert Maguire, research director for Citizens for Responsibility and Ethics in Washington, a nonprofit that is currently suing Trump, alleging that he is illegally profiting from the presidency.
“With President Trump, we know his two adult sons are going around the country and the world to make money for a company that President Trump himself personally profits from, that he also personally promotes using the White House," he added.
Eric Trump, at the Yahoo Finance All Markets Summit in New York on Thursday, said that his family would go “down as one of the few families that have actually made a tremendous sacrifice. We’ve lost a lot of money based on the fact that we don’t do any deals, that we’re sitting silent” while his father is in office.
Yet, Donald Trump’s daughter, Ivanka, has obtained more than a dozen Chinese trademarks since entering the White House, ensuring her access to the world’s second-largest economy post-politics.
Furthermore, since the Trump Organization is privately held, much of the company financial data is confidential. Combined with Trump’s refusal to release his tax returns, it’s currently impossible to tell how much the company has benefitted from the presidential office.
Trump owns more than $130 million in assets across 30 countries under the trust controlled by his children, according to the Center for Responsive Politics, a nonprofit, nonpartisan group in Washington that tracks money in politics.