Trump’s Clothing Brand Imports Clothes From China. “Perry notes Trump has imported clothing from China and Mexico produced for his brand. ‘For Trump to operate, outsource and invest globally while criticizing companies like Ford for doing the same is the ultimate hypocrisy. To be fair to Ford, Trump should either agree to impose a 35% tax on Trump Collection clothing and agree to stop investing overseas, or he should stop his threats against Ford for operating as a global carmaker.’” [Forbes, 8/17/15] Donald Trump Used Mexican Workers To Produce Is Donald J. Trump Signature Collection Menswear Line. “Not much gets past the Internet. Donald Trump is currently embroiled in a steaming pot of controversy after making derogatory comments about Latin American immigrants, claiming criminals and rapists are coming to the United States from Mexico and advocating for "a great wall" at the border to keep people out. However, he seemed to forget that he uses Mexican workers to produce his Donald J. Trump Signature Collection menswear line. Adrian Carrasquillo, a political reporter and editor of Latino coverage at BuzzFeed, decided to remind him.” [Huffington Post, 7/2/15] Headline: “People Are Really Enjoying This Image Showing Donald Trump’s Clothing Made In Mexico.” [BuzzFeed, 7/2/15; IMAGES] TRUMP HAS PROVEN TO BE A POOR PREDICTOR OF ECONOMIC TRENDS 3/19/07: Donald Trump Said The 2007 Real Estate Collapse Would Be “Very Minor” And That He Was Poised To Take Advantage Of Falling Real Estate Values. “Donald Trump almost lost his shirt 15 years ago when the North American real estate bubble burst. The 2007 version of that disaster will be much more benign, the real estate magnate predicts, although there is softness in some urban markets, such as Toronto and San Francisco. ‘We're talking very minor [problems] compared with the depression of the early 1990s,’ Mr. Trump said yesterday in a phone interview from Los Angeles. Mr. Trump said he is poised to invest in depressed property as the downturn moves through individual cities. ‘People have been talking about the end of the cycle for 12 years, and I'm excited if it is,’ he said. ‘I've always made more money in bad markets than in good markets.’” [Globe and Mail, 3/20/07] TRUMP’S POOR DECISION MAKING SKILLS HAVE SENT HIS COMPANIES INTO BANKRUPTCY FOUR TIMES, AND HE HAS BARELY AVOIDED IT HIMSELF Since 1991, Trump-Related Companies Have Filed For Corporate Bankruptcy Four Separate Times. “But just once for good measure: Donald Trump, personally, never declared bankruptcy. … Still, since 1991, Trump-related companies have filed for corporate bankruptcy four separate times. Filing for Chapter 11 bankruptcy allows a corporation—which is legally distinct of its shareholders, owners, board, and C.E.O.—to stay in business while it re-structures and attempts to reduce its debt. So, while he’s been able to keep his personal finances in order, the businesses that so proudly trumpet his billion-dollar name are something of a different story.” [Vanity Fair, 6/29/15] 10/29/15: MSNBC: Donald Trump’s Claim That He Never Filed For Bankruptcy Was “A Little Misleading” – Four Of His Businesses Have Declared Bankruptcy. Confidential Page 30
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