President Donald Trump has successfully brokered an "economic exchange" deal with Qatar worth $1.2 trillion, Breitbart reported. Trump signed several agreements in Doha with Qatar's Emir Sheikh Tamim bin Hamad Al Thani on Wednesday.
The two nations have had a fraught relationship, including during Trump's first term. However, Trump was ready to make a deal this week during a Middle East trip that also included a stop in Saudi Arabia.
The White House touted the recent agreement in a post to X, formerly Twitter, on Wednesday. "THE TRUMP EFFECT. $1,200,000,000,000. President Donald J. Trump Secures Historic $1.2 Trillion Economic Commitment in Qatar," the post said with an accompanying photo of the historic signing.
THE TRUMP EFFECTđź’°
$1,200,000,000,000President Donald J. Trump Secures Historic $1.2 Trillion Economic Commitment in Qatar pic.twitter.com/VBjQzrUyF5
— The White House (@WhiteHouse) May 14, 2025
The agreement includes a boon for several American companies totaling at least $243.5 billion. It includes a contract for Qatar Airways to purchase "210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines" from Boeing and GE Aerospace, totaling $96 billion.
Not only is this a good deal, but it's also record-breaking for the Chicago-based aircraft manufacturer. "This is Boeing’s largest-ever widebody order and largest-ever 787 order," the White House noted.
"This historic agreement will support 154,000 U.S. jobs annually, totaling over 1 million jobs in the United States during the course of production and delivery of this deal," the White House explained. The agreement also included $97 billion to the Virginia-based Parsons Corporation, a defense, intelligence, and engineering firm.
In a joint venture with Al Rabban Capital and Quantinuum, they have agreed "to invest up to $1 billion in state-of-the-art quantum technologies and workforce development in the United States." In addition, Defense Secretary Pete Hegseth signed onto a joint defense agreement.
Qatar will purchase $1 billion in anti-drone technology from Raytheon and another $2 billion for General Atomics' MQ-9B "remotely operated aircraft." Despite the good news, not everyone was happy with all of the winning.
Trump is unique among modern American leaders in that he seems eager to make deals rather than drop bombs. Just this week, Trump brokered a $142 billion arms deal with Saudi Arabia.
Still, even some in his own party are upset with how he's handled relations with Qatar in light of its previous friendliness to terrorists. "Qatar is not, in my opinion, a great ally," Sen. Rick Scott (R-FL) said Tuesday to reporters, according to Fox News.
"I mean, they support Hamas. So what I'm worried about is the safety of the president," Scott added.
Despite Scott's concerns, the nation has become more friendly to the U.S. and its allies in recent years. In fact, Qatar has attempted to negotiate a peace deal and hostage exchange in the war between Israel and Hamas.
Trump is a gifted businessman and is applying those skills to furthering America's interests. This new deal with Qatar represents another profound move towards friendly relations through an innovative strategy, regardless of what critics say.
