logo
episode-header-image
May 2025
37m 1s

US Announces More Than $243 Billion in D...

bloomberg
About this episode

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The White House said President Donald Trump had secured deals totaling more than $243.5 billion with Qatar, laying the groundwork for a bigger $1.2 trillion economic pledge with the tiny Gulf country.

“The landmark deals celebrated today will drive innovation and prosperity for generations, bolster American manufacturing and technological leadership, and put America on the path to a new Golden Age,” the White House said.
The announcement came on the second leg of Trump’s swing through the Middle East, a day after the president touted some $600 billion in investments by Saudi Arabia in US manufacturing, products and services. 

Trump has focused much of his energy on the trip in securing investment dollars, while praising Gulf states for seeking a deeper partnership with the US.

Trump’s take so far has fallen short of his ambitions for an even bigger haul; the president had floated the possibility of securing $1 trillion in investment pledges from Saudi companies and on Tuesday said the two nations would work toward that goal.
Earlier Wednesday, the White House announced that Qatar Airways had inked a $96 billion plan to acquire as many as 210 Boeing Co. 787 Dreamliner and 777X aircraft. The White House cast the buy as the largest-ever widebody order and the largest-ever for the 787s.

Today's show features:

  • Bloomberg News Senior Reporter Jennifer Dlouhy
  • Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management
  • Dr. Justin Schwartz, Chancellor of the University of Colorado Boulder and Bloomberg News Higher Education Finance Reporter Janet Lorin

See omnystudio.com/listener for privacy information.

Up next
Yesterday
Government Shutdown Clouds Fed Outlook
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Several participants at the Federal Reserve’s September policy meeting said it was important to continue monitoring money-market conditions and evaluate how close bank reserves are to their “ample” level, as the ... Show More
39m 45s
Oct 7
AI for Online Cycling
Zwift is a massively multiplayer online cycling and running physical training program that enables users to interact, train, and compete in a virtual world. Eric Min is co-founder and CEO of Zwift. He discusses using AI for the online cycling and running physical training program ... Show More
8m 5s
Oct 7
Dell Hikes Estimates on Strong AI Demand
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years, and said demand for artificial intelligence products will extend those higher projections at least through ... Show More
37m 16s
Recommended Episodes
May 2025
Are investors starting to prefer Europe over the US?
US officials say they made “substantial progress” on trade talks with China, and trade optimism has driven German stocks to record highs. Plus, US President Donald Trump will visit Saudi Arabia, Qatar, and the United Arab Emirates for the first foreign trip of his second term, an ... Show More
10m 38s
May 2025
What to Expect From Trump’s First Major Foreign Trip
Today on the show, Fareed speaks with veteran foreign affairs correspondent Kim Ghattas and Amos Hochstein, former Middle East envoy under the Biden administration, about what to expect from President Trump’s first major foreign trip to Saudi Arabia, Qatar and the United Arab Emi ... Show More
42m 52s
Jul 10
Trump plans to hit Brazil with 50% tariffs
The US president, Donald Trump, has made public the tariffs he intends to slap on imports from another group of countries, including Brazil, from the start of August. The chipmaker Nvidia has become the first company in the world to reach a market value of $4tn on Wednesday. Davi ... Show More
48m 41s
May 2025
Ep. 2197 - A China DEAL…PLUS A $400 Million Jet From Qatar?!
President Trump announces a China tariff deal and the stock market turns around; controversy erupts as President Trump considers receiving a $400 million Qatari jet for Air Force One; and Hamas releases the last remaining living American hostage, as Trump prepares to head to the ... Show More
1h 11m
Feb 2025
Trump Wants Gaza 'Riviera', US Blocks China Parcels & De Beers Diamond Pressure
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump said the US should take control of the devastated Gaza Strip, shunt the area’s residents to other countries and rebuild it into a new “Riviera,” a proposal at odds with Amer ... Show More
16m 27s
Mar 2025
Saudi Arabia puts outside consultants on notice
HSBC and UBS are expanding their wealth management arms in India, and the consulting boom in Saudi Arabia is slowing down. Plus, global gold prices have soared on fears that President Donald Trump could impose tariffs on gold imports, and US retailers are preparing for fewer sale ... Show More
11m 46s
May 2025
Qatar Force One
President Trump is in the Middle East on the first major international trip of his second term. At the same time, a firestorm has erupted over his plan to accept a $400 million luxury airplane from the Qatari government.Today, Maggie Haberman, a White House correspondent, explain ... Show More
23m 10s
Jan 2025
Trump 2.0 – a new era of volatility
President Trump has spent his first hours back in the White House tearing up many of Joe Biden’s policiesand issuing a flurry of executive orders on matters including immigration, energy and the cost of living. The US dollar surged on news of potential tariffs on Canada and Mexic ... Show More
11m 28s
May 2025
What's Trump Up To in the Gulf?
President Trump received a lavish welcome in Qatar today, the second stop on his tour of Gulf nations. While the primary focus of his trip is making deals -- yesterday he announced a $600 billion deal with Saudi Arabia -- he also said he's lifting all sanctions on Syria that were ... Show More
57m 44s
Sep 30
Trump Plaza Jeddah, EA $55B Deal, Jordan Investor Citizenship
HEADLINES:♦ Saudi’s Dar Global to Launch $1 Billion Trump Plaza in Jeddah’s ‘Manhattan’♦ Saudi-Led Consortium to Acquire Gaming Giant Electronic Arts for $55B♦ Jordan Approves Citizenship and Residency for Foreign Investors♦ Trump Unveils Gaza Peace Plan, Economic Measures Highli ... Show More
37m 23s