US EditionHow much did Mideast countries promise to invest in the US? Trump keeps jacking up the number
- President Trump completed a four-day visit in early 2017 to Saudi Arabia, Qatar, and the UAE, announcing investment deals with the US.
- These deals followed ongoing efforts to build economic partnerships beyond oil-for-security ties amid fluctuating oil prices and regional strategic shifts.
- Key commitments included Saudi Arabia's announced $600 billion four-year investment, Qatar's $1.2 trillion economic exchange, and the UAE's $200 billion in deals.
- Trump repeatedly claimed deal totals ranging from $2 trillion to possibly $7 trillion, stating on Air Force One and elsewhere, "We just took in $4 trillion" and "They're spending $5.1 trillion."
- Despite these announcements, experts note many commitments are non-binding and some promised jobs or investments might not materialize, tempering the final expected totals.
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Middle East investment promises balloon to $7 trillion as Trump keeps jacking up the number
Trump, who coined the phrase “truthful hyperbole” in his book “The Art of the Deal,” has been steadily boosting the amount of money he says Mideast nations pledged to invest in the U.S.
·New York, United States
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Associated Press News+13 Reposted by 13 other sources
How much did Mideast countries promise to invest in the US? Trump keeps jacking up the number
President Donald Trump loves big numbers —- and he’s always happy to talk them up. After all, Trump years ago coined the phrase “truthful hyperbole” in his book “The Art of the Deal.”
·United States
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Leaning Left2Leaning Right2Center10Last UpdatedBias Distribution71% Center
Bias Distribution
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71% Center
14%
C 71%
14%
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