Trump Sons Profit From Every Angle of $1.6 Billion US-Backed Tungsten Deal
BeInCrypto
Donald Trump Jr. and Eric Trump hold a stake in a Kazakh tungsten miner receiving $1.6 billion in US federal financial backing.Summary
Donald Trump Jr. and Eric Trump have acquired a 20% stake in a Kazakh tungsten mining project that is set to receive up to $1.6 billion in US federal financing. The project benefits from a confluence of government actions, including federal funding, the exclusion of Chinese suppliers from US military supply chains, and the Pentagon's urgent need for alternative tungsten sources. While the brothers' involvement raises potential conflict-of-interest concerns similar to those seen in their other ventures, investigators have yet to find evidence that they had prior knowledge of the government's support when they initially invested.
(Source：BeInCrypto)