Trump Says He'll Ask Saudi Arabia to Increase Investment in US to $1 Trillion

At a virtual appearance at the World Economic Forum meeting in Davos, Switzerland, Trump also called for lower oil prices.
Trump Says He'll Ask Saudi Arabia to Increase Investment in US to $1 Trillion
President Donald Trump on a giant screen during his address by video conference at the World Economic Forum annual meeting in Davos, Switzerland, on Jan. 23, 2025. Fabrice Coffrini/AFP via Getty Images
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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.”

Austin Alonzo
Austin Alonzo
Reporter
Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]
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