Trump cuts a deal with UAE

 Federalist Wire:

...

President Donald Trump capped his high-stakes Gulf tour with a landmark announcement on Thursday, unveiling over $200 billion in commercial agreements between the United States and the United Arab Emirates. The deals, struck during the final stop of his regional visit, signal a bold step forward in strengthening America’s economic ties with the Gulf and fostering new opportunities for growth.

The UAE agreements follow a wave of significant trade and investment commitments secured earlier in Trump’s trip from Saudi Arabia and Qatar. These partnerships are poised to drive job creation, enhance U.S. competitiveness, and fuel innovation across multiple industries.

“President Trump continues to advance the interests of the American people, enhancing market access for American exporters to strengthen our economic and national security,” the White House stated.

Among the “transformative deals” are major wins for American companies. Boeing and GE Aerospace sealed a $14.5 billion commitment from Etihad Airways for 28 Boeing 787 and 777X aircraft, while Emirates Global Aluminum pledged $4 billion to construct one of the first new aluminum smelters in the U.S. in nearly half a century, located in Oklahoma. Additional agreements span energy, technology, and mineral sectors, promising to diversify and fortify America’s industrial base.

“President Trump’s historic visit to the United Arab Emirates is another opportunity to welcome new partnerships in frontier technologies, health and life sciences, mobility, entertainment, and many other fields,” the White House noted, emphasizing the forward-looking nature of these collaborations. The deals build on the UAE’s earlier pledge in March to invest $1.4 trillion in American energy, manufacturing, and technology over the next ten years.
...

This looks like a win-win deal for the countries involved.   It is good for business in the US and the countries in the Gulf region.  It is also a rebuke to Hamas, which wanted to stop this kind of deal.  In fact, Hamas is a much weaker entity since its mass murder attack on Israel, a US ally in the region.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

Is the F-35 obsolete?

Headline USA: Pentagon Fires Back after Musk Calls Its Most Expensive Project ‘Obsolete’ 'Yeah, as I'm sure you can appreciate, Mr. Musk is, currently, a private citizen, I'm not going to make any comments about what a private citizen may have to say about the F-35....'   ... ... Drones appear to be replacing jets for many operations.  The Russia-Ukraine war is an example of that.  Drones are often hard to detect and can be used for intelligence operations as well as for attacking enemy targets.  It would not surprise me to see drones engaging other drones in combat.  They also cost much less than manned fighters.  
Read more

Apple's huge investment in US including Texas facility

Blaze: Apple announced a $500 billion commitment to infrastructure in the United States over four years, its largest commitment to domestic spending to date. Apple said it will expand teams and facilities in Arizona, California, Iowa, Michigan, Nevada, North Carolina, Oregon, Texas, and Washington as part of its new spending. With a new facility in Houston, Texas, Apple will reportedly double its investment in advanced manufacturing along with increasing investments in AI and silicon engineering. The company said in a press release that the Houston facility will produce servers to support Apple Intelligence, the "personal intelligence system that helps users write, express themselves, and get things done." ... The Texas facility will be for advanced technologies.   Texas has become a place that is very supportive of the tech industries.  Austin and Houston have seen much of the tech growth in the state.  Texas universities have been active in the AI field.
Read more