Trump's Saudi Arabia Trip: \$600 Billion in Deals Announced

Trump's Saudi Arabia Visit Yields Record-Breaking \$600 Billion in Deals During a recent visit by former President Donald Trump to Saudi Arabia, a staggering \$600 billion in business deals were struck, according to the White House. This figure represents a significant boost to both the US and Saudi economies. The largest component of this surge in investment is a \$142 billion agreement for US defense sales to Saudi Arabia, marking the largest such deal in history. This deal encompasses state-of-the-art weaponry and services from over a dozen US defense firms, strengthening the security partnership between the two nations. Bloomberg News correspondent Joumanna Bercetche noted in the accompanying video that Saudi Arabia is working to increase this figure to \$1 trillion. Further deals include significant investments from major tech companies such as Nvidia, which is supplying semiconductors for a Saudi Arabian AI company's data center expansion. Other tech giants like Google, Oracle, Salesforce, AMD, and Uber are committing a combined \$80 billion to cutting-edge transformative technologies in both countries. The White House statement emphasizes the creation of high-quality jobs in the US and the broader economic benefits of this strengthened partnership. This collaboration signifies a significant step forward in international relations and economic cooperation.