President Donald Trump has said he will ask the Kingdom of Saudi Arabia to increase their planned investment in the United States to $1 trillion from $600 billion.
On Jan. 23, at a virtual appearance at the World Economic Forum meeting in Davos, Switzerland, Trump said he had seen reports earlier on Thursday about Saudi Arabia planning to invest more than $600 billion in the United States and would ask the Middle Eastern country’s leadership to “round it out about $1 trillion.”
“I think they’ll do that because we’ve been very good to them,” Trump said.
On Jan. 23, the state-run Saudi Press Agency announced that Crown Prince Mohammed bin Salman intends to “broaden its investments and trade with the United States over the next four years, in the amount of $600 billion, and potentially beyond that.”…