Geline Salac

Trump says he will go to Saudi Arabia to reach $1 trillion deal

Article (news)

Reuters Wires

U.S. President Donald Trump said on Thursday (March 6) he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest upwards of $1 trillion in the U.S. economy, including purchases of military equipment.Talking to reporters in the Oval Office, Trump said he would probably travel there in the next month and a half. He noted that the first overseas trip of his first term was to Riyadh in 2017 to announce Saudi investments estimated then to be worth $350 billion.<div><a href="https://www.abs-cbn.com/news/business/2025/2/20/trump-courts-global-financiers-at-saudi-arabia-sovereign-wealth-fund-event-in-miami-1048">Trump courts global financiers at Saudi Arabia sovereign wealth fund event in Miami</a></div>&quot;This time, they&#x27;ve gotten richer, we&#x27;ve all gotten older,&quot; said Trump.He said that, at his behest, the Saudis were willing to invest $1 trillion over four years in American companies including purchases of U.S. military equipment.&quot;And they&#x27;ve agreed to do that, so I&#x27;m going to be going there, and I have a great relationship with them, and they&#x27;ve been very nice,&quot; Trump said.Saudi Arabia has been taking a more prominent role in U.S. foreign policy. Trump&#x27;s Middle East special envoy Steve Witkoff told reporters the Saudis will host a U.S.-Ukraine meeting next week to discuss a ceasefire in the Ukraine war.(Production: Jose Pablo Diaz)

U.S. President Donald Trump said on Thursday (March 6) he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest upwards of $1 trillion in the U.S. economy, including purchases of military equipment.

U.S. President Donald Trump said on Thursday (March 6) he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest upwards of $1 trillion in the U.S. economy, including purchases of military equipment.

Trump says he will go to Saudi Arabia to reach $1 trillion deal

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Trump says he will go to Saudi Arabia to reach $1 trillion deal

Reuters

Published March 07, 2025 08:03 AM PHT

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saudi arabia

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