Trump tours the Middle East
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Saudi Arabia is of key diplomatic importance to the Trump White House, especially amid the ongoing Israel-Hamas war.
As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.
US President Donald Trump on Wednesday had tea with a former jihadist who until recently had a $10 million US bounty on his head.
3hon MSN
Before Trump began his visit to Saudi Arabia, Qatar and the United Arab Emirates, his sons Eric and Donald Jr. had already traveled the Middle East extensively in recent weeks. They were drumming up business for The Trump Organization, which they are running in their father’s stead while he’s in the White House.
A previous arms deal agreed during Trump’s first term in 2017 between Saudi Arabia and the also promised a big headline figure. At the time, the White House Press Secretary Sean Spicer said the deal included "an immediate $110 billion investment" which would "grow to $350 billion over the next 10 years".
Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.
President Donald Trump spoke of a future for the Middle East steeped in prosperity, business deals and technological advances as he announced the U.S. would end sanctions against war-torn Syria and signed a $600 billion investment agreement with Saudi Arabia in his first visit to the region since his second term began.
President Donald Trump kicked off his Middle East tour with a visit to Saudi Arabia on Tuesday, vowing a continued partnership between Washington and Riyadh.