Trump Addresses Saudi-Backed Summit in Miami, Calls for $1 Trillion Investment in U.S.
The speech follows U.S.-Russia talks in Riyadh and highlights Trump's push for economic ties and a controversial Middle East peace plan.
- President Donald Trump delivered a keynote speech at the Future Investment Initiative (FII) Priority Summit in Miami, organized by Saudi Arabia's Public Investment Fund.
- Trump praised Saudi Arabia's leadership and called for $1 trillion in Saudi investment in the United States, framing it as part of a 'New Golden Age' for America.
- The summit coincided with U.S.-Russia talks in Riyadh aimed at ending the Russia-Ukraine war, though Trump criticized Ukrainian President Volodymyr Zelensky for allegedly prolonging the conflict.
- Trump's proposed Middle East plan, including relocating Palestinians from Gaza, has drawn sharp criticism from Arab states, including Saudi Arabia, which demands a clear path to Palestinian statehood.
- Ethical concerns have been raised over Trump's business ties to Saudi Arabia, including new Trump Organization projects in the kingdom and past investments from Saudi entities in Jared Kushner's private equity firm.