Beyond the headlines: Explaining Trump's Gulf 'trillions'

  • Posted on May 17, 2025
  • By Business News Today
  • 2 Views
Beyond the headlines: Explaining Trump's Gulf 'trillions'

During President Trump's Gulf tour, the White House claimed over $2 trillion in deals for the U.S. economy, though Reuters' tally found a more modest $700 billion. Many agreements were non-binding MoUs, and experts suggest figures were inflated to showcase cooperation. Despite vagueness, the tour boosted some market stocks and secured U.S. support for key Gulf countries' aspirations.
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