Updated
Updated · Fox News · Jul 2
Trump Organization Demands Retraction of NYT's $1.6 Billion Tungsten Deal Story
Updated
Updated · Fox News · Jul 2

Trump Organization Demands Retraction of NYT's $1.6 Billion Tungsten Deal Story

1 articles · Updated · Fox News · Jul 2

Summary

  • A legal letter obtained by Fox News says the Trump Organization wants the New York Times to retract or prominently correct a June 28 story linking Donald Trump Jr. and Eric Trump to a Kazakhstan tungsten project.
  • The letter argues the brothers were only indirect, passive investors through Dominari-related holdings and could not have influenced the award because Cove Capital was introduced to Skyline Builders about a month after the September 2025 verbal deal.
  • The Times rejected the demand, saying the Trump Organization does not dispute its central point that the brothers profited from the U.S.-Kazakh mining agreement, while arguing the article already made clear their role was indirect.
  • The project carries up to $1.6 billion in letters of interest from U.S. financing agencies and centers on tungsten, a strategic mineral used in missiles and fighter jets that Washington wants to source outside China, Russia and North Korea.
  • The Trump Organization reserved the right to pursue legal action, while the White House defended the administration's critical-minerals push as driven by U.S. national and economic security.

Insights

Does the New York Times' reporting on the Trump sons' profits meet the high legal standard for libel?
With family business and foreign policy merging, what are the unseen risks in the US-Kazakhstan tungsten deal?