Did Trump really strike Gulf deals worth $2tn?

Published: 5/20/2025
Did Trump really strike Gulf deals worth $2tn?
President Donald Trump's Gulf trip resulted in claimed deals worth over $2tn for the US, with Saudi Arabia, Qatar, and the UAE making significant investments. Despite the grand announcements, doubts remain about the feasibility of these figures, with past deals falling short of projections. The emphasis on AI partnerships reflects a shift towards stronger economic ties between the US and Gulf states, signalling a move away from traditional oil-for-security dynamics.