Gordon Chang, a senior fellow at the Gatestone Institute, appeared on ‘Mornings with Maria’ to offer his perspective on President Donald Trump’s intensifying trade dispute with China, rising geopolitical strains with Iran, and the crucial meeting with Xi Jinping.
A pact to construct a colossal $1 billion high-rise on Australia’s Golden Coast was inked by The Trump Organization, the firm revealed on Friday.
This colossal $1.06 billion structure will soar 91 stories in Queensland, Australia, according to the Trump organization’s statement. The edifice is planned to include a “six-star resort-hotel” comprising 270 residential units, diverse retail outlets, and an exclusive beach club, as stated by Altus Property Group, the local developer.
“The premier skyscraper in Australia will be a Trump Tower, situated centrally in Surfers Paradise — this is beneficial for Queensland’s tourism sector and superb for Australia,” Altus declared in a communiqué.
“While it won’t bear a Four Seasons or Ritz Carlton emblem over its main entrance, it will proudly display ‘Trump.’ This signifies an uncompromised, peak-quality development — truly unparalleled globally,” the statement further elaborated.
TRUMP REVEALS LATEST VISUALIZATION FOR EXPANSIVE WHITE HOUSE BALLROOM INITIATIVE
The exterior of The Trump Building is visible in New York City’s Financial District, captured on November 18, 2023. (Image by Mairo Cinquetti/NurPhoto via Getty Images / Getty Images)
David Young, CEO of Altus, mentioned that the real estate transaction had been under consideration for many years, ever since he initially contacted Ivanka Trump regarding the prospective agreement in 2007.
This revelation emerges concurrently with The Trump Organization and President Donald Trump pursuing legal action against several financial institutions, claiming alleged account closures following the January 2021 breach of the U.S. Capitol.
JPMorgan Chase Bank acknowledged last week that it had terminated the president’s banking facilities subsequent to January 6th of that year, an admission prompted by a $5 billion lawsuit filed by the president the previous month.
TRUMP ADMINISTRATION VINDICATES WHITE HOUSE BALLROOM AS AN ISSUE OF NATIONAL SECURITY
President Donald Trump and First Lady Melania Trump proceed to board Marine One on the White House’s South Lawn, captured on Wednesday, Dec. 23, 2020, in Washington. (AP Photo/Evan Vucci)–>
Trump and his associated enterprises were afforded until April 19, 2021, to relocate hundreds of millions of dollars prior to the formal termination of their accounts.
Although the bank’s correspondence did not offer a precise justification for the account terminations, Trump’s legal representatives contend that the accounts were “illegally shut down because of political bias,” and that they had been put on a “prohibited list.”
In a prior legal document, Trump’s lawyers highlighted that he had been a JPMorgan client for several decades, and both he and his related organizations conducted “hundreds of millions of dollars” in transactions via the institution.
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The Trump Organization additionally initiated legal action against Capital One in 2025, asserting that the bank had “unwarrantedly” closed over 300 of its financial accounts, including those of Trump family members, in 2021.
Subsequently, a representative for Capital One informed Fox News Digital, “Capital One has not, nor does it, discontinue customer accounts based on political motivations.”