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Saudi Arabia has announced plans to boost its trade and investment with the United States by $600 billion over four years, marking a significant expansion of economic ties. Crown Prince Mohammed bin Salman, a key figure in Saudi Arabia, met President Trump on Wednesday during his first overseas visit, underscoring the kingdom’s ambitious goal for mutual prosperity.
This deal follows Trump’s decision to accelerate U.S. investment, particularly in areas like manufacturing and artificial intelligence, as part of his economic agenda. Saudi Arabia has been a key partner since his presidency, with significant deals including Stargate AI, a joint venture worth up to $500 billion over four years.
Trump’s relationship with the crown prince remains a focal point, especially after his public support for Prince Mohammed during the Khashoggi killing inquiry and posthumous approval of his role in the incident. This year’s visit highlighted plans to deepen economic collaboration beyond trade, including discussions on the Abraham Accords, a landmark achievement under Trump’s leadership.
Crown Prince Mohammed has emphasized Saudi interest in deepening ties with the U.S., while acknowledging the need for Palestinian state recognition before any normalization. Meanwhile, Jared Kushner’s investments in the region further illustrate Trump’s strategic partnerships and economic vision.
Trump expressed optimism about sealing the Abraham Accords ahead of his second term, signaling a commitment to regional stability despite ongoing challenges. This $600 billion plan underscores Saudi Arabia’s pivotal role in U.S.-Arabian relations, reflecting both strategic economic objectives and political commitments.
Source: https://www.nytimes.com/2025/01/23/us/politics/trump-us-saudi-arabia-investment-trade.html