President Donald Trump on Tuesday signed a "strategic economic partnership" alongside Saudi Arabia's Crown Prince Mohammed bin Salman.
The partnership included a series of deals on energy, defense, mining and space-based agreements that amount to $600 billion, and "could" help create up to 2 million U.S. jobs, said President Donald Trump on Tuesday.
Roughly a dozen memorandums of understanding and letters of intent were agreed to under the new partnership.
RIYADH, SAUDI ARABIA - MAY 13: U.S. President Donald J. Trump attends a signing ceremony at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia. Trump begins a multi-nation tour of the Gulf region focused on expanding economic ties and rei (Photo by Win McNamee/Getty Images / Getty Images)
Several of the agreements tracked with previously stated ambitions by both Washington and Riyadh, particularly when it comes to defensive deals.
While the details of the agreements remain unclear, there were deals included that had not been previously flagged ahead of the president's visit to the Middle East, like the "cooperation agreement" between Saudia Arabia and the Smithsonian Institute National Museum of Asian Arts as well as an agreement established with the Smithsonian Institute National Zoo and Conservation Biology.