White House announces $600 billion Saudi investment in U.S. during Trump visit
President Donald Trump on Tuesday praised Saudi Arabia and its leaders after the White House announced a commitment by the kingdom to invest $600 billion in a series of deals with the United States.
Trump also announced at an investment forum in Riyadh that he will order the removal of all U.S. sanctions against Syria, “in order to give them a chance at greatness.”
Trump’s speech at the investment conference followed him signing a number of bilateral agreements during a state visit with Saudi Crown Prince Mohammed bin Salman.
Among the agreements secured is a nearly $142 billion defense sales deal, providing the kingdom with “state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms,” the White House said....
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