Saudi Arabia’s Crown Prince Mohammed bin Salman has expressed the kingdom’s commitment to investing a massive $600 billion in the United States over the next four years, according to the Saudi state news agency. This announcement came during a phone call with U.S. President Donald Trump, marking a new phase of economic cooperation between the two nations.
The crown prince shared his optimism about the U.S. economy, emphasizing that Trump’s planned reforms could lead to “unprecedented economic prosperity.” Saudi Arabia aims to tap into this growth with its significant investment, although details on whether the funding will come from public or private sources remain unclear. The report also hinted that the amount could grow if additional opportunities arise.
President Trump has long prioritized strong ties with Saudi Arabia, and this recent development underscores the close relationship. During his first term, Trump worked to secure massive deals with the Gulf nation, including a $450 billion agreement during his 2017 visit to Riyadh. Now, Trump has floated the idea of making Saudi Arabia his first foreign destination in his second term, provided Riyadh commits to purchasing $500 billion worth of American products.
Saudi Arabia’s past investments in the U.S. include $2 billion allocated to a firm established by Trump’s son-in-law and former aide, Jared Kushner. This latest commitment could further cement the economic partnership between the two nations.
Meanwhile, President Trump has taken a hard stance on Russia, urging President Vladimir Putin to strike a peace deal to end the war in Ukraine. In a Truth Social post, Trump threatened higher tariffs, taxes, and sanctions on Russian goods if no resolution is reached.
Despite emphasizing his positive relationship with Putin in the past, Trump has made it clear that he is prepared to act decisively. “Let’s get this war over with! We can do it the easy way or the hard way – and the easy way is always better,” he wrote. Trump also suggested that the war never would have started if he had been in office during the initial invasion in 2022.
Russia has already faced significant sanctions under the Biden administration, which targeted its energy sector and reduced trade to a trickle. According to U.S. Department of Commerce data, imports from Russia dropped from $4.3 billion in 2023 to $2.9 billion in 2024. Key imports from Russia include fertilizers and precious metals.
This represents Trump’s firmest position on Putin since returning to the White House, with his administration reportedly considering stricter measures to pressure Russia into peace talks. However, Trump’s approach to military aid for Ukraine remains uncertain, as he has avoided committing to continuing Biden’s weapons support policy.
The unfolding events highlight Trump’s dual focus on strengthening ties with key allies like Saudi Arabia and resolving global conflicts like the Ukraine war. As his administration begins its second term, these priorities could shape U.S. foreign policy in the years to come.
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