White House announces Saudi investment and defense commitments
The White House announced a $600 billion Saudi investment commitment containing a nearly $142 billion defense-sales package.
Entities and roles
- Mohammed bin SalmanSaudi crown prince during Trump's summit
- Donald J. Trumpnetwork root
Relationships in this file
- Donald J. Trumpforeign leader during Trump economic agreementsMohammed bin Salman
Money trail
commitmentSaudi defense-sales agreementnearly $142 billion - Committed by / source
- Saudi defense purchasers
- Committed toward / intended recipient
- U.S. defense equipment and service suppliers
commitmentSaudi investment commitment$600 billion - Committed by / source
- Saudi state and commercial counterparties
- Committed toward / intended recipient
- U.S. firms and projects
Claims and evidence
- factdocumented
During Trump's May 13, 2025 summit with Mohammed bin Salman, the White House announced a $600 billion Saudi investment commitment and a nearly $142 billion defense-sales agreement; those are state and commercial commitment values, not either leader's personal funds or income.
- The White House: Fact Sheet: President Donald J. Trump Secures Historic $600 Billion Investment Commitment in Saudi Arabia
- Saudi Press Agency: HRH the Crown Prince, US President Co-Chair Saudi-US Summit, Sign Strategic Economic Partnership
- Associated Press: How much did Mideast countries promise to invest in the US? Trump keeps jacking up the number