Trump Signs $600 Billion Economic Deal with Saudi Arabia

Trump Signs $600 Billion Economic Deal with Saudi Arabia

President Donald Trump and Saudi Crown Prince Mohammed bin Salman signed a $600 billion economic partnership in Riyadh on May 13, 2025.

The partnership highlights the evolving diplomatic and economic ties, marked by substantial defense sales and various sector agreements.

The strategic economic partnership, announced during Trump’s state visit, covers sectors like defense, energy, and technology. The US delegation includes top officials and business leaders, with agreements valued at approximately $600 billion.

President Trump led the US delegation, with Secretary of State Marco Rubio and Crown Prince Mohammed bin Salman representing Saudi Arabia. The deal involves multiple sectors, including energy and defense, promising to create about two million US jobs.

The economic pact will boost US defense exports, including “the best military equipment in the world, by far,” as noted by Trump. It commits Saudi Arabia to invest significantly in various US industries, reinforcing the bilateral economic alliance.

Political and economic implications include strengthening the US-Saudi relationship while garnering international attention for the unprecedented deal scale. Follow Nabih Bulos for updates and insights on the partnership. The partnership emphasizes job creation and technological advancements.

Experts speculate on possible impacts on financial and job markets. Historically, such large-scale deals have induced economic growth, though regulatory and technological changes may influence outcomes. The defense sector is notably impacted, with substantial Saudi commitments.