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This week, Saudi Arabian Crown Prince Mohammad Bin Salman stated that his kingdom intended to invest $600 billion in investments and trade with the United States over the next four years, but after a comment from President Donald Trump, that investment may increase.
As reported by RSBN, the prince told President Trump on Wednesday during a phone call about his intentions to increase trade and business relations, signaling burgeoning economic optimism from foreign leaders.
According a readout from the White House, President Trump and the crown prince discussed a variety of topics during their phone call this week, including the Saudi kingdom’s international economic ambitions and how their trade and investments could increase the “mutual prosperity” of both countries.
But President Donald Trump, a true negotiator, used an opportunity while delivering remarks to the World Economic Forum assembled in Davos to pressure the crown prince into upping the monetary commitment.
“Saudi Arabia will be investing at least $600 billion in America, but I’ll be asking the crown prince, who is a fantastic guy, to round it out to $1 trillion,” he stated.
The president also chastised Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC) for failing to bring down oil prices before the inauguration.
“That didn’t show a lot of love …I was a little surprised by that,” Trump said.
He explained that if the price of oil dropped, the violence in Eastern Europe would end swiftly. “If the price came down, the Russia Ukraine war would end immediately,” he stated.
In fact, the president suggested that Saudi Arabia and OPEC were jointly responsible, in part, for the ongoing war.
“Right now, the price is high enough that the war will continue – you’ve got to bring down that price, you’ve got end that war,” he said. “…They’re very responsible, to a certain extent, for what’s taken place – millions of lives are being lost.”