Trump claims that Saudi Arabia will invest $1 trillion in the United States, far exceeding the previous announcement from the White House.
During his visit to the Middle East, President Trump of the United States stated that Saudi Arabia will invest $1 trillion in the US. Trump's four-day trip to the Middle East is aimed at strengthening relations with Saudi Crown Prince Mohammed bin Salman. He chose Riyadh as the first stop of his overseas visit since returning to the White House, with several prominent American CEOs accompanying him. Trump said at the Saudi-US Investment Summit, "Look at those previous presidents, sometimes they can't even pull in one trillion dollars in a few years, and we basically did it in two months." As the actual ruler of Saudi Arabia, Crown Prince Salman initially only promised to add $600 billion in investment to the US within four years, a figure consistent with what was revealed in the White House press release. However, Trump is clearly not satisfied. He repeatedly stated before the visit that he hoped Saudi Arabia will "round up" the investment figure to $1 trillion. Specific details have not been disclosed by officials, and it is unclear where the difference in the numbers lies. The feasibility of these commitments is also being questioned, as $1 trillion is almost equivalent to Saudi Arabia's GDP.
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