Trump and MBS Tout $1 Trillion Pledge as Details Remain Elusive
November 18, 2025
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1:17Now PlayingTrump and MBS Tout $1 Trillion Pledge as Details Remain Elusive
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as posted by the channelPresident Donald Trump and Saudi Crown Prince Mohammed bin Salman announced a pledge for $1 trillion in commercial deals, but the actual value of the deals is disputed, with signage at the conference putting the total at over $300 billion and the White House citing $600 billion.
The investment pact includes US defense sales valued at nearly $142 billion, as well as plans by Saudi companies to buy American-made gear, and partnerships in cutting-edge technologies, energy, aerospace, and sports sectors.
The crown prince's investment pledges may clash with his own plans to transform the kingdom's economy, which are likely to cost close to $2 trillion, and Saudi Arabia is aiming to draw $100 billion in foreign direct investment annually by 2030.
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