MAHA Is Off and Running With New Directives
This Abraham Accords Country Is Open to Trump's Gaza Plan
Trump's Reciprocal Tariffs Are Here
Lord Save Us: Ilhan Omar Is Eying Minnesota's Now-Open Senate Seat in 2026
A Reporter Got Quite the Answer for Why Massachusetts Keeps Releasing Illegals Charged...
'He Shouldn't Have Said That': Trump Takes a Swipe at Biden While Discussing...
These Hyperpartisan Democratic Senators Have Opposed Almost All of Trump's Nominees
Aircraft Carrier Collides With Merchant Ship After Navy Jet Crashes
800,000 Non-Citizens Could Be Voting In NYC's Next Election
NYC Non-Citizen Voting Plan a Power Grab, Councilman Says
Pro-USAID Protestors Tried to Crash a House Hearing. Then They Got Schooled on...
The Squad Has Some Crazy Ideas on Reparations
New Details: Why the DCA Disaster Was 'Years in the Making'
Protestors Repeatedly Disrupt Linda McMahon's Confirmation Hearing for Education Secretary
USAID Hearing Airs All the Jaw-Dropping Receipts
Tipsheet

Saudi Crown Prince Pledges Massive Investment in US After What Trump Told Reporters on Monday

AP Photo/Evan Vucci, File

Saudi Arabia’s Crown Prince on Thursday said the Kingdom will make a $600 billion investment in the United States over the next four years, an announcement that came after President Trump suggested he could make a visit to the oil-rich nation his first international trip as president.

Advertisement

Crown Prince Mohammed bin Salman's investment pledge reportedly occurred during a phone call with Trump and was first reported by the state-run Saudi Press Agency on Thursday.

In a readout from the call, the Saudi government also said the investments and trade could go “potentially beyond” the $600 billion mark. 

The readout did not elaborate on where those investments and trade could be placed. The U.S. in recent years has increasingly pulled away from relying on Saudi oil exports, which once was the bedrock of their relationship for decades. Saudi sovereign wealth funds have taken large stakes in American businesses while also looking at sports as well.

Saudi Arabia does, however, rely predominantly on U.S.-made weapons and defense systems, which could be a part of the investment.

There was no immediate readout from the White House on the call. It also wasn’t immediately clear if Trump’s call with the crown prince was his first with a foreign leader since re-entering the White House. (Associated Press)

In 2017, Trump broke tradition that U.S. presidents head to the United Kingdom as the first foreign travel, opting instead to go to Saudi Arabia because the nation “agreed to buy $450 billion worth of our products,” he told reporters in the Oval Office on Monday. “If Saudi Arabia wanted to buy another $450 billion or $500 — we’ll up it for all the inflation — I think I’d probably go.” 

Advertisement

UPDATE: The White House released a readout of the call:

"On Wednesday, President Donald J. Trump held his first foreign leader call with Crown Prince Mohammad Bin Salman of the Kingdom of Saudi Arabia. The two leaders discussed efforts to bring stability to the Middle East, bolster regional security, and combat terrorism. Additionally, they discussed the Kingdom of Saudi Arabia’s international economic ambitions over the next four years as well as trade and other opportunities to increase the mutual prosperity of the United States and the Kingdom of Saudi Arabia."

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement