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It even has to be recklessly untrue. You aren't going to be sued successfully if you report something about a public figure in good faith that turns out to be untrue, even if it caused injury.Translation: The press is saying things I don't like. They should say only things in the way I want them said.
The idea that the press is obligated to only report strict facts is absurd and untrue. The press is an extension of speech, and speech is meant for people to express any sort of position at all, so long as it isn't verifiably untrue or maliciously unfounded.
So I ask which parts of free press would old donald like to see gone? I can't think of any application of his statement that isn't a major infringement.