Trump is a CHAMPION!
He's creating history everyday!
No objection to both but .....
Saudi direct investment in the United States totaled $9.5 billion in 2023, focused on the transportation, real estate, and automotive sectors.
In 2024, U.S.-Saudi Arabia goods trade totaled $25.9 billion, with U.S. exports at $13.2 billion, imports at $12.7 billion, and a trade surplus in goods of $443 million.
Is a $600 Billion, which Trump actually wanted to br $1 trillion, even realistic?
If it's an investment, it doesn't need to be related to bilateral trade volume. They're always looking for stuff to do with their oil revenue.
That's what I think too. The US doesn't need 'deals'. If it's a good investment the foreigners will do it anyway... it doesn't require a visit from the president like he's 'the strongman leader' 'arranging deals' anytime he talks to a foreign country.
Why do people believe this stuff?
There are two basic scenarios and neither is good:
A third option is possible, though: making reasonable policy assurances that will apply to everyone and are sufficient to attract the investment.