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Story summary
- President Donald Trump and Commerce Secretary Howard Lutnick negotiated a Kazakhstan tungsten deal giving Kaz Resources access with $1.6 billion financing.
- Donald Trump Jr. and Eric Trump, via Dominari Securities, bought a 20% stake in the Kazakh project weeks after negotiations.
- Brandon Lutnick and Kyle Lutnick, via Cantor Fitzgerald, raised $210 million for an entity.
- Analysts say the deal fuels self-enrichment that raises costs for families, including drug prices and tariff-driven hikes.
