logo
episode-header-image
May 14
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
Today
ICYMI: The Banks of Tomorrow
Payments and stablecoin firm Ripple Labs Inc. and crypto custodian BitGo Inc. have applied for national bank charters, joining a crush of upstart financial services companies seeking such approval. BitGo, which custodies billions of dollars in crypto assets for clients, is weighi ... Show More
7m 58s
Yesterday
Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in e ... Show More
35m 30s
Yesterday
ICYMI: The Next Sports and Entertainment Empire
BSE Global, the parent company of the NBA's Brooklyn Nets, the WNBA's New York Liberty, as well as their home arena, Barclays Center, has built a business model across sports, entertainment, hospitality and media. The company believes that its array of multiple businesses enables ... Show More
12m 14s
Recommended Episodes
May 12
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 12
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
May 12
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 14
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 14
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
Dec 2023
Arm CEO's Immigration Call & Billionaires Shift To Abu Dhabi
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Arm's CEO Rene Haas told Bloomberg that whoever wins the next election, further restrictions on skilled migration will hurt growth. (2) The Prime Minister is due to answer questions at t ... Show More
21m 6s
Nov 2024
Ukraine’s plan to win over Trump
Donald Trump’s ‘hush money’ case has been paused, Ukraine has been building on its ‘victory plan’ for his incoming administration and SoftBank reported that it is profitable again. Plus, Wall Street has loaned billions of dollars to a niche group of tech companies based on their ... Show More
11m 21s