He described Hunter Biden as "an actual crack addict," and wondered why he was given high-level international business deals.
"I don't know how to describe it -- It's unfortunate he has this thing, it is also unfortunate his father put him in the positions he put him in. And China, of course, has all of the photos that we have, which means he is a really massive national security threat to the United States. Since his father lies about all of this, it is an easy area of extortion and it should have been discovered before the Trump administration."
"When you see these photos, you're going to say to yourself: Do we have a national security service? And if they don't have them, we know China and Russia have them."
"In summary is the following: Every time Joe Biden was named point man by Barack Obama, Biden negotiated for the U.S. Each time he negotiated, he failed. Each time he negotiated, the Biden family got millions of dollars from that country."
Giuliani also listed Biden's brother James' lobbying company's housing contract in Iraq, "like Hunter, James had no experience at all in housing."
Next, he refers to a text allegedly sent by Hunter Biden where he says that his father makes everyone in the family give him half the salaries they earn from such ventures.