Trump Finds One Thing He Likes From China
Foreign Investment ▶ A branded tower in Jersey City is being built using overseas cash ▶ “This was a highly successful license deal”
“They’ve taken our jobs, they’ve taken our money, they’ve taken everything,” Donald Trump said of China in a speech late in February. In his presidential campaign he’s called for a freeze on immigration, though he’s said he’d make an exception for highly skilled workers. In at least one licensing deal, Trump has benefited from another immigration program: the visa known as EB-5, which grants wealthy foreigners U.S. residency in exchange for investing at least $500,000 in U.S. businesses.
Kushner Companies, the development concern run by Trump’s sonin-law, Jared Kushner, has raised $50 million for Trump Bay Street, a 50-story luxury tower under