Hours after the U.S. president penned a $1 trillion economic agreement with Crown Prince Mohammed bin Salman, Donald Trump told a crowd at the U.S.-Saudi Investment Forum Wednesday that he had actually pressed for $1.5 trillion, billions more than the nation’s GDP.
Given that Saudi Arabia’s GDP is $1.24 trillion, that seems unlikely.
“We will be doing that, we’ll be selling F-35s,” Trump told reporters at the White House Monday, adding that the Saudis “want to buy them, they’ve been a great ally.”
That includes the Saudi sum, as well as $600 billion from firms in the European Union, though the coalition of countries has made clear that the amount is simply an estimate of potential investment rather than a legitimate commitment.
It also includes a $1.2 trillion deal with Qatar, which was an “economic exchange” rather than direct investment; a seemingly impossible $1.4 trillion investment from the United Arab Emirates that more than doubles that nation’s GDP, and $1 trillion from Japan, which in actuality is roughly half that and will be predominantly composed of loans.
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