Trump Plans Saudi Arabia Visit to Secure $1 Trillion Investment Deal

Trump Plans Saudi Arabia Visit to Secure $1 Trillion Investment Deal

Washington, D.C. – Former U.S. President Donald Trump announced on Thursday that he is likely to make his first international trip to Saudi Arabia in the coming weeks to finalize a deal for Riyadh to invest over $1 trillion in the U.S. economy, including major purchases of American military equipment.

Speaking to reporters in the Oval Office, Trump indicated that he expects to travel to Saudi Arabia within the next month and a half. He recalled that his first overseas visit as president in 2017 was also to Riyadh, where he announced a $350 billion Saudi investment in the United States at the time.

“This time, they’ve gotten richer, we’ve all gotten older,” Trump remarked. He stated that, at his request, Saudi Arabia had agreed to invest $1 trillion over four years in U.S. companies, particularly in the defense sector.

“They’ve agreed to do that, so I’m going there. I have a great relationship with them, and they’ve been very nice,” Trump said.

Saudi Arabia has been playing an increasingly prominent role in U.S. foreign policy. Trump’s Middle East special envoy, Steve Witkoff, confirmed that the kingdom will host a U.S.-Ukraine meeting next week to discuss a potential ceasefire in the ongoing war.

In February, Trump facilitated discussions between PGA Tour officials and the Saudi-backed LIV Golf to resolve their ongoing dispute. Additionally, his son-in-law and former Middle East adviser, Jared Kushner, secured a $2 billion Saudi investment for his private equity firm after Trump left office.

Trump has recently overseen a series of major investment commitments in the U.S. economy, including from companies such as Taiwan Semiconductor Manufacturing and Apple.

His upcoming visit to Saudi Arabia is expected to further cement economic and diplomatic ties between the two nations.