A New York Times report says companies tied to Donald Trump Jr., Eric Trump and Howard Lutnick’s sons stand to benefit from a US-backed tungsten mining deal in Kazakhstan.
President Trump’s sons and Commerce Secretary Howard Lutnick’s sons are under scrutiny over a sprawling Kazakhstan tungsten mining deal, according to The New York Times.
The agreement hands Kaz Resources access to one of the world’s largest untapped tungsten reserves — a metal critical to defense and tech — backed by up to $1.6 billion in US government support.
Dominari Securities, partly owned by Donald Trump Jr. and Eric Trump, took a stake in a related firm, while Cantor Fitzgerald, run by Lutnick’s sons, helped raise $210 million for the project.
Officials called the deal a win for US economic and national security interests. Critics flagged potential conflicts of interest.
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