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Saudi Crown Prince Mohammed bin Salman dedicated his nation to growing his deliberate funding into the U.S. economic system to just about $1 trillion over the subsequent yr on Tuesday.
MBS made the announcement whereas assembly with President Donald Trump within the Oval Workplace, saying the investments will happen throughout the U.S. economic system. Trump initially said that the funding would quantity to “at the very least” $600 billion, however the Saudi chief confirmed the upper quantity throughout his remarks.
“You have agreed to speculate $600 billion into the USA and since he is my good friend, he may make it a trillion, however I’ll should work on him. Nevertheless it’s 600. We will rely on 600 billion. However, that quantity might go up a bit bit greater,” Trump stated Tuesday.
“Which means investments in vegetation, in corporations, cash on Wall Road. And what it actually means for everyone, what actually counts is jobs. Numerous jobs. We’ve loads of jobs,” Trump added.
TRUMP SET TO HOST SAUDI ARABIA’S POWERFUL CROWN PRINCE AT THE WHITE HOUSE THIS WEEK
US President Donald Trump meets with Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Mohammed bin Salman within the Oval Workplace of the White Home in Washington, DC on November 18, 2025. (BRENDAN SMIALOWSKI/AFP through Getty Photos)
Bin Salman vowed to fulfill the $1 trillion quantity simply minutes later throughout feedback to the press.
At the moment and tomorrow, we’re going to announce that we’re going to enhance that, that $600 billion to nearly $1 trillion of funding, actual funding and actual alternative in lots of areas,” he stated.
SAUDI ARABIA’S 40-YEAR-OLD DISRUPTOR: HOW MBS REWIRED THE KINGDOM IN 10 SHORT YEARS
President Donald Trump welcomes Saudi Arabia’s Crown Prince Mohammed bin Salman to the White Home, Tuesday, Nov. 18, 2025, in Washington. (Mark Schiefelbein/AP)
“, that is nice. I admire that. That is nice. We’re doing numbers that no person’s ever accomplished. And in all equity, if you happen to did not see potential within the U.S, you would not be doing it,” Trump replied.
“Undoubtedly,” bin Salman stated.
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“You do not wish to lose cash,” Trump joked.
Trump rolled out the purple carpet for the Crown Prince on Tuesday, greeting the Center Jap chief exterior the White Home flanked by dozens of U.S. servicemembers. It represents a return to the fold for Saudi Arabia after the nation was largely shunned underneath former President Joe Biden’s administration.
