In fact, the Saudi Press Agency’s announcement that the kingdom would invest $600bn was based on the royal palace’s readout of a Wednesday phone call between Trump and Saudi Crown Prince Mohammed bin Salman. This is Trump’s first phone call with a foreign leader since his inauguration earlier this week.

President Trump held his first official call with a foreign leader since being sworn in for his second term with Saudi Crown Prince Mohammad Bin Salman, a controversial figure who Trump on

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.

The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.

President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.

Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.

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At the World Economic Forum, Trump promises tax cuts for U.S. manufacturing and threatens tariffs. Explore his economic strategy and global implications.

By meeting Russian President Vladimir Putin in Riyadh and hanging tough, President Donald Trump can boost his chances of negotiating a historic peace.

The prices of the benchmark crude oil have slumped. Crude oil prices decreased after US President Donald Trump, familiar with his guise of functioning, issued a new set of threats, vowing to impose additional sanctions on Russia.

President Trump ordered the security to be beefed up at the Mexico border in order to implement his immigration crackdown.