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2w ago

Trump Kicks Off Gulf Tour with Focus on $1 Trillion Investment Goals

President Trump lands in Saudi Arabia to begin a four-day tour aimed at securing major economic agreements, while questions arise over a $400 million Qatari plane gift.

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President Donald Trump and Saudi Crown Prince Mohammed bin Salman gesture as they meet delegations at the Royal Palace in Riyadh, Saudi Arabia, Tuesday, May 13, 2025. (AP Photo/Alex Brandon)
President Donald Trump and Saudi Crown Prince Mohammed bin Salman speak during a meeting at the Royal Palace in Riyadh, Saudi Arabia, Tuesday, May 13, 2025. AP/PTI(AP05_13_2025_000223B)
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Overview

  • President Trump arrived in Saudi Arabia to start his first overseas trip of his second term, prioritizing economic partnerships with Saudi Arabia, Qatar, and the UAE.
  • The tour aims to secure up to $1 trillion in trade and investment commitments, with Saudi Arabia already pledging $600 billion and Trump pushing for more.
  • The Qatari royal family's gift of a $400 million Boeing 747 for use as Air Force One has drawn scrutiny over ethical and national security concerns.
  • Trump is accompanied by prominent U.S. business leaders, including Elon Musk and Larry Fink, as Gulf nations express interest in sectors such as AI and semiconductors.
  • The trip occurs against a backdrop of ongoing Iran nuclear talks, Gaza conflict tensions, and a recent U.S.-Houthi ceasefire agreement in Yemen.