Donald Trump began his tour through three nations of the Gulf after arrivingthis Tuesday, To Saudi Arabia. The American leader will be focused on the closure of multimillionaire commercial agreements, while seeking to address issues from the region, such as nuclear dialogue with Iran, the free transit of merchandise by the Red Sea or the current situation of the war in Gaza.
In detail, the American president will visit Saudi Arabia, Qatar and United Arab Emirates. After his arrival, Trump and the heir prince of Saudi Arabia, Mohammed Bin Salman, The Saudi royal court in Riyadh where they held an initial encounter were directed.
Donald Trump’s arrival to Saudi Arabia
At the first stop of his tour, Trump was received by the Royal Family – headed by Mohammed Bin Salman – and an investment forum between the two countries is expected to open. “I really think we like us,” Trump said upon his arrival on the heir prince in addition to highlighting the “tremendous relationship” between them.
In addition, the US president also praised the Saudi investment in his country, which he described as a generator as a “A huge amount of jobs”
The focus on the Republican tour will be set to achieve trade agreements with the different countries that he will visit. The American press talks about Contracts worth more than US $ 600,000 million promised by Saudi in artificial intelligence, semiconductors and infrastructure.
During the forum, Trump will be accompanied by a series of relevant business figures from the United States. Among them are Elon Musk (Tesla CEO and presidential advisor), Larry EndK (blackrock), Jane Fraser (Citigroup), and sTephen A. Schwarzman (Blackstone), in addition to the Secretary of Defense Pete Hegseth and the National Security Advisor and Secretary of State Marco Rubio.
On the side of Saudi Arabia, the authorities expect to advance in a Pact in defensethat allows them Get with important amounts of weapons and radar systems provided by the United States.
The United States and China reciprocally reduce tariffs in a truce in the commercial war
The United States and China agreed, during the meetings of recent days, a temporal and reciprocal reduction of tariffs for a period of 90 dayswhile the negotiations will continue for a broader commercial agreement.
The agreement establishes that the United States will reduce its combined 145% tariffs on most Chinese imports to 30% before Wednesday. For its part, Beijing will decrease its rates from 125% to 10% for American products.
Donald Trump XI Jinping United States China.jpg
Both countries stood out “The importance of a sustainable bilateral economic and commercial relationship in the long term and mutually beneficial”emphasizing its commitment to advance “in a spirit of openness, cooperation and mutual respect.”
As part of the understanding, an economic and commercial dialogue mechanism will be launched. It will be led by the VicePrimer Minister of the Council of State of China, He Lifeng, the Secretary of the United States Treasury, Scott Besent, and the American commercial representative, Jamieson Greer. The meetings will be held alternately between China, the United States or a third country, and can be complemented with technical meetings as necessary.
During a press conference on Monday, Besent described as “Very productive” The meeting held over the weekend in Switzerland and confirmed the agreement for a “90 -day pause and a substantial reduction of reciprocal tariffs by 115%.”
Source: Ambito
