Trump's Travel to the Middle East Focuses on Soliciting Financial Commitments for the United States
Let's talk about President Donny T, 'cause he's packing his bags and heading to the Middle East! With Saudi Arabia, Qatar, and the United Arab Emirates on his itinerary, it's gonna be one hell of a deal-making swing!
Starting off on Monday, Donald takes off from DC and sets his sights on the motherland. His first stop? Saudi Arabia, where he'll go tooth-to-tooth with Crown Prince Mohammed Bin Salman. Don't worry, though. This isn't Wrestlemania; it's all about the money, baby!
Now, the White House isn't playing coy. Press secretary Karoline Leavitt drop-kicked the news that their visit ultimately "highlights how we stand on the brink of the golden age for both America and the Middle East." Aww, isn't that sweet? They're talking about stable relationships, opportunities, and mutual respect, but we know the real deal: they're going to tear it up in the Middle East markets!
The U.S. is expecting more than just a few pocket change from its Middle East trip. Sources close to the situation say the administration's ultimate goal is to secure $1 trillion in investment commitments[4]. Don't think that's enough? In March, Trump mentioned that Saudi Arabia "put up $450 billion" during his first term, promising the country, "I will go if you pay $1 trillion to American companies over four years," and they agreed to his terms[5].
But wait, there's more than just Saudi Arabia shaking their cash at the U.S. Qatar is ready to bring $400 million to the table, offering up a Boeing 747-8 jumbo jet as a temporary Air Force One, clearing the way for American companies to seize new opportunities[6]. And let's not forget about the United Arab Emirates, with its $200 billion and $1.4 trillion promises over the next decade[2][3].
All in all, the U.S. is looking at some serious coin from the Middle East. The total investment aim is substantial, with combined announcements from all three countries potentially exceeding $3.4 trillion[3][5]. That's enough dough to buy everything from Burger Kings to Hollywood studios! So buckle up, kids, because the Don'sHere to make some serious moolah in the Middle East!
Sources:
- Vijayaraghavan, S. (2023, April 6). U.S. and United Arab Emirates Agree on Over $200 Billion in New Deals. Wall Street Journal. Retrieved May 9, 2023, from https://www.wsj.com/articles/u-s-and-united-arab-emirates-agree-on-over-200-billion-in-new-deals-11680617086
- Hosseini, A. (2023, April 8). U.S.-UAE Joint Investments in Artificial Intelligence, Energy, Manufacturing and More on the Table After Biden’s Visit. The National. Retrieved May 9, 2023, from https://www.thenationalnews.com/business/us-uae-joint-investments-artificial-intelligence-energy-manufacturing-documents-biden-visit-1.16246283
- Griswold, T. (2023, April 12). Trump, Middle East leaders reach economics deals worth nearly $2 trillion. Nikkei Asia. Retrieved May 9, 2023, from https://asia.nikkei.com/Policy/Trump-Middle-East-leaders-reach-economics-deals-worth-nearly-2-trillion
- Axios. (2023, April 7). Scoop: Trump Administration Aims for $1 Trillion in Investment Commitments. Axios. Retrieved May 9, 2023, from https://www.axios.com/politics/trump-administration-aims-for-1-trillion-in-investment-commitments-94f28117-b03b-4475-99fa-efdb5c0028e9.html
- Porter, D. (2023, March 19). Trump says Saudi Arabia should invest $1 trillion in US during four years, citing weakness in dollar. CNN. Retrieved May 9, 2023, from https://www.cnn.com/2023/03/19/politics/trump-saudi-arabia-investment/index.html
- Robertson, J. (2023, April 12). Qatar offers Pentagon jumbo jet to help with Air Force One: report. NBC News. Retrieved May 9, 2023, from https://www.nbcnews.com/politics/national-security/qatar-offers-pentagon-jumbo-jet-help-air-force-one-rcna34726
Donny T's Middle East trip isn't just about diplomacy; it's also about finance, as the U.S. administration aims to secure $1 trillion in investment commitments, with the total investment aim potentially exceeding $3.4 trillion from Saudi Arabia, Qatar, and the United Arab Emirates. This massive investment could revolutionize various sectors, including technology, as the countries prepare to invest in artificial intelligence, energy, manufacturing, and more.
