From Trump’s very first days back in office, other leading economies have pledged investment in the United States that already exceeds a trillion dollars.
President Donald Trump’s lavish reception in Saudi Arabia earlier this week had a well-deserved celebratory air. « We are rocking », Trump said to an audience of Saudi dignitaries and high-level American corporate leaders who accompanied him. « The United States is the hottest country, with the exception of your country », he added in a flourish to his hosts in Riyadh.
By the end of the day, Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto head of state, pledged $600 billion in joint economic projects, including tens of billions in direct investment in the United States, $142 billion in military sales contracts, and private contracts with American firms in construction, infrastructure, and other areas. Trump hinted that he was hoping for a cool trillion, but a projected second round of talks in the coming months could bring investment that equals or exceeds that figure.
From Trump’s very first days back in office, other leading economies have pledged investment in the United States that already exceeds a trillion dollars, along with domestic companies that have pledged heavy investment at home, particularly in AI, microchips, and other strategically vital technologies. On Tuesday, Trump scored an additional $1.2 trillion « economic exchange » with Qatar. Whether the Saudi deal increases in value or not, it may also put Riyadh back on track to sign on to the Abraham Accords, Trump’s first-term brokering of peace deals between Israel and several Muslim countries.
