President Donald Trump’s son has threatened legal action against MS Now and host Jen Psaki. On Friday, May 15, Eric accused the network of spreading “blatant lies” about his alleged involvement in a China-linked business venture during President Trump’s state visit to Beijing.
The public clash erupted after Psaki aired a segment on her program, The Briefing, examining Eric Trump’s presence in China this week, as reports circulated about a potential business arrangement between fintech company ALT5 Sigma and a Chinese technology firm.
In a lengthy post, Eric Trump flatly denied Psaki’s claims and declared his intention to sue.
“I intend to sue @Jrpsaki and @MSNOWNews over the below clip. Contrary to her monolog and blatant lies, I have NEVER been on the board of ALT5 — not now, not ever. Any person with basic access to Google and willing to open a company’s annual report or proxy statements would know this,” he wrote.
Eric Trump threatens lawsuit
The Executive Vice President of The Trump Organization denied having any role in discussions surrounding mergers or public-company transactions tied to the reported China-linked deal. He further rejected suggestions that he maintains business interests in China.
“I have had zero involvement in any merger discussions involving any public entity I do not run or control,” he added.
“I have zero business interests in China. No properties, no investments, nothing! I joined this trip for one reason: as a loving son who adores my father and wouldn’t miss being by his side for this incredible moment.”
The remarks came in direct response to Psaki’s commentary during a segment focused on ethics concerns surrounding Trump family business activities and the president’s diplomatic trip to China.
During the broadcast, the host questioned whether Eric’s attendance in Beijing was connected to more than family support, saying: “It certainly seems like Eric might be getting a little more than just quality time with his dad out of this China trip, doesn’t it?”
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At one point in the segment, Psaki stated that Eric Trump was “on the board” of ALT5 Sigma while MS Now aired footage of Eric Trump and Donald Trump Jr. ringing the Nasdaq opening bell, with the company’s branding visible.
While the Financial Times previously reported that Eric had been listed as a “board observer” and adviser for ALT5 Sigma Corp., there is no public indication he formally served as a voting board member. According to reports, his name was later removed from the company’s website in April.
ALT5 Sigma, a Las Vegas-based fintech and digital assets company that later rebranded as AI Financial Corp., reportedly entered into a partnership last year with World Liberty Financial, the cryptocurrency venture launched by President Trump and his sons.
The controversy intensified after the Financial Times reported on Wednesday that ALT5 Sigma had signed a memorandum of understanding with China-based Nano Labs to develop U.S. data center infrastructure.
Also, the report stated that a company linked to the Trump family was exploring a possible deal involving the Chinese chipmaker — a development that triggered concerns among critics and some lawmakers because Nano Labs has faced allegations of ties to the Chinese Communist Party.
The White House has denied that Eric Trump’s presence in China posed any conflict of interest.
Trump’s China visit
The visit to China itself carried major diplomatic and commercial significance. President Trump met Chinese President Xi Jinping in Beijing as the administration pursued new trade understandings and economic agreements between the two countries.
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Several high-profile American business leaders also joined portions of the visit, including Elon Musk, Tim Cook, and Jensen Huang.
“I think a lot of good has come of it,” President Trump said during a meeting with Xi, according to reports. “We’ve made some fantastic trade deals, really for both countries.”
The threatened lawsuit marks the latest escalation in the Trump family’s increasingly aggressive posture toward major media organizations.
President Trump himself has made litigation against news outlets a central feature of his political and legal strategy during his return to office.
His administration and family members have repeatedly accused media organizations of knowingly spreading false or politically motivated claims.
Trump has already secured settlement agreements with Paramount Global and ABC News, while continuing to pursue multiple other legal battles involving national media outlets, including an ongoing defamation suit against the BBC.
As of Friday evening, neither MS Now nor Psaki had publicly responded to Eric’s threat of legal action.
