Foreign Media: US and Saudi Arabia Sign Economic Agreement Worth $600 Billion, Experts Interpret the Behind-the-Scenes Secrets

Overseas media reported today (May 14th): "U.S. President Donald Trump and Saudi Crown Prince Mohammed have signed a strategic economic agreement, and Saudi Arabia will invest $600 billion in the United States."

[Clever] Comment: This kind of agreement lacks clear and specific investment targets, and in essence, its binding force is relatively weak. Whether it's purchasing $600 billion worth of short-term Treasury bonds or buying an equivalent amount of stocks, it can all be called "investment". What Trump pursues is a strikingly large number for external boasting; the Saudi crown prince has precisely catered to this need. It is worth noting that both the United States and Saudi Arabia are major oil exporters, and they have a fierce competitive relationship in the international oil market.

Source: https://www.toutiao.com/article/1832046025432067/

Disclaimer: The article only represents the author's personal opinion.