Trump Urges Saudi Arabia for $1 Trillion Investment and Oil Price Cuts
U.S. President Donald Trump has called on Saudi Arabia and OPEC to lower oil prices while encouraging Riyadh to increase its U.S. investment from $600 billion to $1 trillion. Trump's remarks were made following discussions with Saudi Crown Prince Mohammed bin Salman about future economic collaborations.
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
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President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.
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Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.
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