{"id":137284,"date":"2025-05-13T14:23:56","date_gmt":"2025-05-13T14:23:56","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/trump-latest-president-signs-economic-deal-on-trip-to-saudi-arabia-with-huge-delegation-of-top-us-businesses-sky-news\/"},"modified":"2025-05-13T14:23:56","modified_gmt":"2025-05-13T14:23:56","slug":"trump-latest-president-signs-economic-deal-on-trip-to-saudi-arabia-with-huge-delegation-of-top-us-businesses-sky-news","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/trump-latest-president-signs-economic-deal-on-trip-to-saudi-arabia-with-huge-delegation-of-top-us-businesses-sky-news\/","title":{"rendered":"Trump latest: President signs economic deal on trip to Saudi Arabia with huge delegation of top US businesses – Sky News"},"content":{"rendered":"

Donald Trump is in Saudi Arabia, at the start of a three-day Middle East tour – with a big delegation of top US firms. Elsewhere, the Kremlin has responded to demands for Vladimir Putin and Volodymyr Zelenskyy to meet. Listen to the latest Trump 100 below as you scroll.
Tuesday 13 May 2025 15:23, UK
The White House has released a fact sheet<\/a> providing more details on what’s included in the US-Saudi strategic economic partnership.
It calls the deal “historic and transformative” for both countries, adding it represents a “new golden era of partnership” between Washington and Riyadh.
The fact sheet says the deal will strengthen America’s energy security, defence industry, technology leadership and its access to global infrastructure and critical minerals. 
It includes the “largest defence sales agreement in history”, with the $142bn providing Saudi Arabia with “state-of-the-art war fighting equipment and services from over a dozen US defence firms”.
It also includes “extensive training and support” to build the capacity of the Saudi armed forces, including enhancement of Saudi service academies and military medical services.
The deal also includes:
We can now bring you some footage showing the moment Donald Trump signed off on an economic deal with Saudi Arabia.
The wide-ranging deal includes agreements on defence, energy and mining.
Trump and Saudi Arabian Crown Prince Mohammed bin Salman went to separate tables to sign the deal before meeting in the middle of the room and shaking hands.
It’ll take some time before the deals signed between the US and Saudi Arabia today become a reality, US correspondent Mark Stone<\/a> says.
Stone is in Riyadh, where Donald Trump and Mohammed bin Salman have just signed a strategic economic partnership between their respective countries (see 2.14pm post).
The details involved in the agreement are minimal, but Stone says they include:
“Whether this is just the very tip of a lot of work that still needs to be done or whether this actually does represent something a little more profound, we will see,” Stone says.
“This is really broad brush stuff, and we need to wait to see when all this becomes a reality.”
Stone adds that there is a sense that today’s deal has been “cobbled together as quickly as they can” so that Trump’s visit can be billed as a big, glamorous event.
“This is all about the look. The convention centre I’m in resembles the Palace of Versailles, but it was built in 1999 – it’s a symbol of how quickly Saudi Arabia has transformed.
“Trump loves this sort of stuff. He loves the gold, and goodness me, there’s a lot of gold here.”
Donald Trump has just left the Royal Palace in Riyadh, where he signed a “strategic economic partnership” deal with Saudi Arabia.
He’s not leaving the Saudi capital just yet, and we’ll bring live shots from his next appearance as and when it happens over the coming hours.
Away from Saudi Arabia, we can now bring you some more information on a potential meeting in Turkey between Volodymyr Zelenskyy, Vladimir Putin and Donald Trump.
On Sunday, Zelenskyy called on Putin to meet him on Thursday in Istanbul, with Trump saying he is “thinking” of attending the talks if they go ahead.
In his most recent comments on the meeting, Zelenskyy says Ukraine has invited Trump to attend the talks, but the US leader is yet to confirm his attendance.
Zelenskyy is due to meet Tayyip Erdogan, Turkey’s president, in Ankara on Thursday and will fly to Istanbul if Putin shows up.
Earlier, Kremlin spokesperson Dmitry Peskov refused to comment on who would attend on the Russian side.
“As soon as the president sees fit, we will announce it,” he said.
Donald Trump has now left the room where he just signed a “strategic economic partnership” deal between the US and Saudi Arabia.
Trump sat alongside Mohammed bin Salman after putting pen to paper as an official read aloud details of the agreement.
The US president appeared tired as he listened, momentarily closing his eyes before quickly being escorted out of the room after the spectacle was over.
Donald Trump has now entered the room with Saudi Arabia’s crown prince Mohammed bin Salman.
The signing ceremony is now under way, and we’re told it’s for a “strategic economic partnership”.
Trump and the crown prince have each gone to separate tables to put pen to paper on the wide-ranging deal.
The agreements include a “letter of intent” between the US and Saudi Arabia defence departments regarding the modernisation and development of the capabilities of the Saudi Armed Forces.
Energy and mining agreements are among the other things included in the deal.
Back to the Royal Court of Saudi Arabia now, where an American flag is positioned next to a Saudi Arabian flag.
Members of Donald Trump’s cabinet are starting to gather ahead of an expected announcement from the US president.
Remember, you can watch along in the stream at the top of this live page.
Donald Trump’s decision to mix business with politics in Saudi Arabia is “somewhat suspicious” and throws into question whether the trip is good for the US or good for its president.
That’s according to Nicolai Due-Gundersen, a Middle East cultural and political analyst, who tells Gareth Barlow<\/a> that the Trump guest list for this visit points to what the US president wants to secure from his trip.
The leaders of Amazon, NVIDIA, OpenAI, Uber, Coca-Cola, Google and Boeing are among those joining Trump, as well as Tesla and SpaceX owner Elon Musk.
“These are business figures, not political figures,” says Due-Gundersen. “These are not people who are traditionally seen as part of a US administration. Yet they are coming on this trip. 
“It would appear that he is bringing them so that they can also get in on business deals. There are some who will question to what extent this trip is good for the United States, as opposed to being good for Trump?”
A conflict of interest?<\/b>
Due-Gundersen points out that Trump owns properties in many of the countries he’s visiting during his trip to the Middle East through companies like the Trump Organisation, which is run by his son, Eric Trump.
“I would say that he is mixing business and politics, and perhaps that’s something that is somewhat suspicious,” he says.
“If the business deals that he is overseeing are for, for example, the Trump Organisation, to what extent would he benefit from these deals after he leaves office as well? That’s a very interesting question.”
What’s in it for Saudi, Qatar and the UAE?<\/b>
Due-Gundersen says that while Trump might be targeting massive business deals, Saudi Arabia, Qatar and UAE will be eyeing different outcomes from his visit.
One of the most important will be pushing the US president to apply more pressure on Israel and Benjamin Netanyahu to get a ceasefire in Gaza.
“As some commentators have mentioned. Israel is not part of this trip, which is interesting. It emphasises the trip is about investment as opposed to security,” Due-Gundersen says.
“But then you can ask yourself, well, what do the Emiratis want out of it in exchange for these deals? What about Saudi Arabia as well?
“I think one of the things that both countries want, and Qatar as well, is to see a ceasefire in Gaza, and that might be telling Trump to put pressure on Netanyahu.”
This is the scene at the Royal Court of Saudi Arabia, where we expect Donald Trump to make an announcement shortly.
Earlier, we told you the US president is expected to sign an agreement with Saudi Arabia, although there’s been no detail yet on what that could involve (see 12.27 post).
Watch along in the stream at the top of this live page, and we’ll bring you text updates as soon as we hear from him.
Be the first to get Breaking News<\/span>
Install the Sky News app for free<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Donald Trump is in Saudi Arabia, at the start of a three-day Middle East tour – with a big delegation of top US firms. Elsewhere, the Kremlin has responded to demands for Vladimir Putin and Volodymyr Zelenskyy to meet. Listen to the latest Trump 100 below as you scroll. Tuesday 13 May 2025 15:23, UKThe […]<\/p>\n","protected":false},"author":1,"featured_media":137285,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-137284","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/137284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=137284"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/137284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/137285"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=137284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=137284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=137284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}