US court rejects Trump's lawsuit against NYT report on his taxes

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Key Points

A judge dismissed Donald Trumps $100 million lawsuit against the New York Times and its reporters over an award-winning 2018 expose on his taxes...

Courts have long recognized that reporters are entitled to engage in legal and ordinary newsgathering activities without fear of tort liability as these actions are at the very corner of protected First Amendment activity, Reed said in his ruling...

The 2018 Times report, which won a Pulitzer Prize, detailed how Trumps real estate business claimed suspiciously low valuations on properties to minimize tax liability and also revealed that his inheritance from his father was worth more than $400 million, contrary to his frequent assertion that he only received a small loan of around $1 million...

Trump had also accused his niece, Mary Trump, of violating a confidentiality agreement by acting as a source for the Times report and alleged that the newspaper assisted his niece in that breach of confidence...

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