(The flow was scheduled to start at 9:45 am EST. Please update the page if you don’t see a player above at that time).
president Donald Trump On Tuesday, he will make statements after the White House announced the commitment of the Kingdom of Saudi Arabia Investment $ 600 billion in a series of deals with the United States.
Trump’s participation in a forum for investment in the United States in his head is a visit with Saudi Crown Prince Mohammed bin Salman.
The White House said that among the guaranteed agreements is approximately 142 billion dollars in defense sales, it provides the Kingdom “equipment and services to fight modern war from more than ten American defense companies.”
This commitment is almost double the Kingdom of Saudi Arabia 2025 Defense budgetThe total of $ 78 billion. The White House Declaration does not say when it is expected to conclude the defense deal.
Bin Salman, who spoke to Trump at the investment conference, said that the goal is to raise the partnership of the United States to 1 trillion dollars in the military, security, economic and technological sectors.
Economists indicate that making an investment pledge will be a challenge for the Kingdom facing Sky costs high to see 2030 Investment aspirations.
Less Oil prices Public spending projects have caused large tickets Expand the budget deficit for the leadership.
This is the development of news. Please check again for updates.
https://image.cnbcfm.com/api/v1/image/108144805-17471507972025-05-13t153905z_734890907_rc23hea3swem_rtrmadp_0_usa-trump-gulf-saudi.jpeg?v=1747150835&w=1920&h=1080
Source link