Trump Secures $600 Billion in Deals at Saudi Investment Forum, But Details Raise Questions

During his visit to Riyadh, he also addressed foreign policy and took jabs at his predecessor.

In a highly publicized event at the U.S.-Saudi Investment Forum held in Riyadh, Saudi Arabia, President Trump announced on Tuesday that his administration secured $600 billion in deals with the Saudi government and various firms. However, the details shared by the White House were sparse, with many projects reportedly on the table even before Trump assumed the presidency.

Before addressing the forum, where he engaged with a gathering of influential business leaders, Trump expressed his enthusiasm for both nations, declaring, “We are rocking,” before quickly pivoting to his take on the competitive economic climate of both countries. “The United States is the hottest country, with the exception of your country,” he stated, underscoring his emphasis on strengthening bilateral ties.

While the bold figure of $600 billion was highlighted, an analysis of the specific projects mentioned by the administration indicated that several initiatives had already been in progress prior to Trump’s term. As he navigated through his speech, Trump not only focused on the business side of the visit but also touched on significant foreign policy decisions, including the announcement of lifting sanctions on Syria.

In true fashion, Trump used the platform to critique the policies of former President Joseph R. Biden Jr., emphasizing his administration's successes and reaffirming support for key swing states in the electoral landscape. Adding a light-hearted tone, he remarked on the “beautiful” Arabian Peninsula, framing it as a valuable opportunity for U.S. businesses.

As the forum concluded, many were left pondering the authenticity of the claimed deals and the actual impact they would impose on future economic relations. The gathering clearly highlighted Trump's ongoing push for enhanced trade ties with key international partners.