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Trump Threatens 25% Tariff on Apple Over iPhone Production in India

Trump Set to Visit Saudi Arabia for $1 Trillion Investment Talks & Defense Deals

by Arshad Khan
March 7, 2025
in Economy, International
0
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“I told them I would come when they give $1 trillion to American companies… and they said yes,” Trump stated.

Trump Set to Visit Saudi Arabia for $1 Trillion Investment Talks & Defense Deals. US President Donald Trump has announced that he will visit Saudi Arabia in the next six weeks to discuss a $1 trillion investment deal.

Speaking to reporters at the Oval Office, Trump revealed that the Saudi government has agreed to invest $1 trillion in American companies over the next four years, focusing largely on defense equipment and other US businesses.

“I told them I would come when they give $1 trillion to American companies… and they said yes,” Trump stated.

He added that Saudi Arabia has already invested $450 billion during his presidency, emphasizing that their relations have always been “excellent.” Trump highlighted that Saudi Arabia’s financial resources have grown, further strengthening ties with his administration.

Trump’s Middle East envoy, Steve Witkoff, confirmed that next week, US and Ukrainian officials will meet in Saudi Arabia to discuss the Russia-Ukraine war.

Trump also hinted at an upcoming decision regarding the temporary legal status of over 200,000 Ukrainians residing in the US.

This investment deal aims to boost economic cooperation between the two nations, particularly enhancing investments in the defense and military sectors.

Tags: Donald TrumpSaudi Arabia
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Arshad Khan

Arshad Khan

Arshad Khan is a career journalist and working as reporter with Daily FactFile. He reports on versatile issues including government, politics and public issues. He also has interests in health and technology issues.

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