See Donald Trump debunk his own lies about financial ties with Saudi Arabia

Trump and Saudi Crown Prince
Support us and go ad-free

Donald Trump’s financial ties with Saudi Arabia have just been exposed… by himself. The US president recently claimed in a tweet that he had no financial interests in the country. But that doesn’t appear to be the whole truth. Because in a video from a few years back, Trump actually boasts about his financial ties with wealthy Saudi citizens.


In the tweet, Trump claimed he has “no financial interests in Saudi Arabia”, before saying that suggesting otherwise is “just more FAKE NEWS”.

But in stark contrast to what he tweeted, a video actually shows him boasting about selling multi-million-dollar apartments to Saudis, before concluding that he ‘likes them very much’:

Read on...

Support us and go ad-free

Saudi Arabia, I get along with all of them. They buy apartments from me. They spend $40m, $50m. Am I supposed to dislike them? I like them very much.

Jamal Khashoggi

Trump’s ties with Saudi Arabia are under scrutiny following the alleged killing of journalist Jamal Khashoggi inside a Saudi consulate in Turkey. The president’s initially tough stance on the issue has appeared to change following a conversation with King Salman. Trump is now speculating that “rogue killers” may be responsible, despite evidence apparently mounting against Saudi Arabia.

There are fears that Trump’s financial ties with Saudi Arabia might result in a conflict of interests when dealing with the Khashoggi murder. Because the president appears to have a lucrative history of financial ties with Saudi Arabia. In 2015, for example, Trump reportedly registered eight businesses in Saudi Arabia.

In 1991, Trump sold a yacht to Saudi prince Alwaleed bin-Talal for $20m, saving him from bankruptcy. Alwaleed bin Talal, along with other investors, also secured a $325m investment deal in Trump’s failing Plaza Hotel in 1995. And Trump sold the whole 45th floor of Trump Tower to Saudi Arabia for $12m in 2001.

Saudi lobbyists and government officials are also frequent customers at Trump’s hotels. One PR firm spent nearly $270,000 at Trump’s Washington hotel between October 2016 and March 2017. The Saudi government has also been credited for increasing room rentals in Trump’s New York hotel by 13% after a two-year decline.

Serial deceiver

This isn’t the first time Trump has been caught lying, and won’t be the last. But the next time he wants to deceive us about his financial interests with Saudi Arabia, he might want to check there isn’t footage of him boasting about those same interests on camera.

Get Involved!

– Read more of our in-depth coverage of Saudi Arabia.

– Support The Canary if you appreciate the work we do.

– Follow us on Twitter and Facebook so you never miss a story.

Featured image via YouTube/CBS

Support us and go ad-free

We know everyone is suffering under the Tories - but the Canary is a vital weapon in our fight back, and we need your support

The Canary Workers’ Co-op knows life is hard. The Tories are waging a class war against us we’re all having to fight. But like trade unions and community organising, truly independent working-class media is a vital weapon in our armoury.

The Canary doesn’t have the budget of the corporate media. In fact, our income is over 1,000 times less than the Guardian’s. What we do have is a radical agenda that disrupts power and amplifies marginalised communities. But we can only do this with our readers’ support.

So please, help us continue to spread messages of resistance and hope. Even the smallest donation would mean the world to us.

Support us

Comments are closed