President Trump signed a $110 billion arms deal with Saudi Arabia on Saturday, the initial day of his first foreign trip since taking office.
“That was a tremendous day. Tremendous investments in the United States,” Trump said. “Hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs,” he said.
The agreement commits Saudi Arabia to buying military equipment from the U.S. and to hiring American companies to build such equipment in Saudi Arabia, according to Gary Cohn, the president’s chief economic adviser. The deal includes tanks and helicopters for border security, ships for coastal security, intelligence-gathering aircraft, a missile-defense radar system and cybersecurity tools, according to the State Department.
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