$1.2 Trillion Trade Deal Signed During Trump’s Visit to Qatar

During U.S. President Donald Trump’s visit to Qatar, a massive $1.2 trillion trade deal was signed between the United States and Qatar. The White House confirmed that the agreements were finalized on Wednesday (May 14) in Doha, the capital of Qatar.

At a joint event with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, President Trump announced a series of agreements totaling $243 billion. Among the most notable was a historic aircraft purchase deal between Qatar Airways and American aerospace giant’s Boeing and GE Aerospace.

Under the $96 billion deal, Qatar Airways will purchase 210Boeing aircraft, including 787 Dreamliners and 777X models. Initially, 160 aircraft will be delivered. Boeing CEO Kelly Ortberg was present at the signing. President Trump described it as the “largest order inBoeing’s history.”

In addition, a separate $38 billion agreement was signed to upgrade Qatar’s Al Udeid Air Base and enhance other defense and maritime security facilities. As part of the deal, Qatar will also acquire drones from General Atomics and anti-drone systems from Raytheon.

This visit marked the second day of Trump’s Middle East tour. The day before, he had visited Saudi Arabia, where the U.S. and Saudi Arabia signed a $142 billion arms deal as part of a broader $600 billion investment agreement. Saudi Crown Prince Mohammed bin Salman hoped the total investment would soon reach $1 trillion.

After concluding his Qatar visit, Trump is scheduled to travel to the United Arab Emirates on Thursday (May 15), which will mark the end of his four-day tour of the Middle East.

On the same day, a meeting between Russia and Ukraine is expected to take place in Istanbul, where President Trump may also be present, according to reports.