President Donald Trump will reportedly announce an arms deal with Saudi Arabia that could be worth as much as $350 billion during his upcoming trip overseas.
According to The Independent, former President Barack Obama sold $60 billon worth of arms to Saudi Arabia. The latest deal involving Trump seems to have a larger goal in mind: the creation of an alliance between Gulf states that would be similar to NATO.
Reuters reported last Friday that the deal could be worth $100 billion in American arms and maintenance. The $350 billion figure would be the value of the deal over 10 years.
The Washington Post reported Wednesday that Trump will present his plans to Saudi Arabian officials in Riyadh about what the White House is calling an "Arab NATO."
Senior adviser to the president Jared Kushner and Saudi Deputy Crown Prince Mohammed bin Salman have been negotiating the idea since before Trump took office.
"We all have the same enemy and we all want the same thing," a senior White House official told the Post. "What this trip hopefully will do is just change the environment."
Trump will depart Washington on Friday for his first international trip as president, which will include stops in the Middle East and Europe.
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