Trump secures $600 billion in trade from Saudi Arabia
Written by: LondonAge Desk | 20 May 2025, 03:07 PM
US President Donald Trump has secured trade commitments worth 600 billion US dollars from Saudi Arabia. During his visit to Riyadh on Tuesday, Trump signed multiple agreements with Saudi Arabia covering energy, defence, mining and other sectors.
The largest element of Saudi Arabia’s investment pledge is an arms purchase agreement, under which the kingdom will buy weapons worth 142 billion US dollars from the United States.
Two sources familiar with the discussions told Reuters that the United States and Saudi Arabia also discussed the potential purchase of Lockheed Martin F-35 fighter jets by Riyadh, an aircraft in which Saudi Arabia has long expressed interest.
In April, Reuters reported that the United States was preparing to offer Saudi Arabia an arms package worth more than 100 billion US dollars.
On Tuesday, the White House released details of several US–Saudi agreements signed by President Trump and Crown Prince Mohammed bin Salman, describing them as “historic and transformative”.
Al Jazeera reported that the deals include the sale of defence equipment worth around 142 billion US dollars, which the White House has described as the largest such agreement ever. In addition, energy and technology investment agreements worth several billion dollars were signed. Overall, according to the White House, the agreements form part of a broader package valued at 600 billion US dollars.
Saudi Investment Minister Khalid Al-Falih said, “While energy remains the cornerstone of our relationship, investment and business opportunities in Saudi Arabia have multiplied significantly.”