Trump announces another $600 BILLION in investment in U.S. during Saudi visit

 May 13, 2025

This story was originally published by the WND News Center.

The Donald Trump White House already had released a list confirming more than $5 trillion in new investments in the United States that are coming because of his trade policies.

"From advanced manufacturing to cutting-edge artificial intelligence infrastructure, these historic investments – spurred by President Trump's unwavering commitment to revitalizing American industry – will reinforce the U.S. as the global leader in innovation and economic growth," the statement, which estimated the creation of more than 451,000 jobs, said.

For example, some $150 billion is coming through IBM expansion, $900 billion through Amgen's manufacturing expansion, $500 billion through the Project Stargate AI work, $500 billion from Apple, $500 billion from NVIDIA and more.

Now add another $600 billion, at least, to that.

Fox News report outlined some details of an economic partnership that Trump signed with Saudi Arabian Crown Prince Mohammed bin Salman during a visit to Saudi Arabia.

Industries in the bull's-eye include energy, defense, mining and space.

Trump said the dozen memorandums of understanding and letters of intent will create many new American jobs.

While specifics haven't been released yet, the report said there will be a $20 billion investment by Saudi Arabia's DataVolt in AI centers, another $80 billion in "cutting-edge transformative technologies," and $142 billion in a defense package.

The report said, "Several of the agreements tracked with previously stated ambitions by both Washington, D.C., and Riyadh, particularly when it comes to defensive deals. While the extent of the details of the agreements remain unclear, there were deals included that had not been previously flagged ahead of the president's visit to the Middle East, like the 'cooperation agreement' between Saudi Arabia and the Smithsonian Institute National Museum of Asian Arts, as well as an agreement established with the Smithsonian Institute National Zoo and Conservation Biology."

The White House issued a statement explaining, "The United States and Saudi Arabia signed the largest defense sales agreement in history – nearly $142 billion, providing Saudi Arabia with state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms."

Trump also said he hopes Saudia Arabia soon will join the Abraham Accords. Those already involve Israel and a list of its Arab neighbors in which the two sides, long at war, essentially are agreeing to normalize relations.

Trump succeeded in establishing a handful of those agreements during his first term, but Joe Biden essentially accomplished nothing to build on the precedent-setting language agreed upon before he moved into White House.

Besides Saudi Arabia, Trump also is visiting the United Arab Emirates and Qatar during this trip.

Previously announced by the White House have been promises of investments of $100 billion from Taiwan Semiconductor Manufacturing, $55 billion from Johnson & Johnson, $50 billion from Roche, $27 billion from Eli Lilly and Company, $25 billion from Novartis, $21 billion from Hyundai, $5 billion from Stellantis and more from Corning, GE Aerospace, Schneider Electric, Abbott Labs, AIP Management, Paris Baguette, TS Conductor and Toyota.

At the time, the White House confirmed, "That doesn't even include the U.S. investments pledged by foreign countries, including $1.4 trillion from the UAE and $1 trillion from Japan."

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