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Business·5/1/2026AI summary
Trump Sons' Kazakhstan Tungsten Deal Raises Governance Questions as Conditional Federal Financing Looms
Donald Trump Jr. and Eric Trump gained exposure to a Kazakhstan tungsten project through Nasdaq-listed Skyline Builders, which signed an agreement to merge with Cove Kaz Capital Group creating Kaz Resources Inc. The deal ties Trump-family-linked capital to a critical minerals venture near $1.6 billion in conditional federal financing interest from EXIM and DFC. The transaction highlights governance questions around knowledge, influence, and final financing commitments, though no suggestion exists that the Trump sons knew of or influenced government support.
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