Historic $1.2 Trillion Economic Deal: How President Trump Strengthened U.S.-Qatar Relations

Boosting U.S. Manufacturing and Innovation: Today in Qatar, President Donald Trump signed a significant agreement that could pave the way for economic exchanges worth at least $1.2 trillion. This landmark deal includes over $243.5 billion in economic agreements between the United States and Qatar, featuring a massive sale of Boeing aircraft and GE Aerospace engines to Qatar Airways. 

• These agreements promise to enhance American manufacturing and technological leadership. They could set the stage for a new era of prosperity.
• Since taking office, President Trump has focused on bringing investment and commercial deals to the U.S., securing trillions in commitments. Partners like Qatar play a key role in this success.
• Here are some highlights from the agreements made in Qatar:
  • Boeing and GE Aerospace landed a historic order from Qatar Airways, valued at $96 billion. This order includes up to 210 Boeing 787 Dreamliner and 777X aircraft, supporting over 154,000 jobs each year in the U.S.
  • McDermott is partnering with Qatar Energy on critical projects worth $8.5 billion. Their work directly supports thousands of jobs in the U.S. energy sector.
  • Parsons has secured projects worth $97 billion, contributing to jobs and reinforcing U.S. leadership in engineering.
  • Quantinuum joined forces with Al Rabban Capital in a venture to invest up to $1 billion in cutting-edge quantum technologies in the U.S., which also bolsters American workforce development.
• Today’s agreements also highlight the U.S.-Qatar security partnership, deepening defense investments:
  • Raytheon signed a $1 billion deal with Qatar for counter-drone technology, making Qatar the first international customer for this advanced system.
  • General Atomics secured a nearly $2 billion agreement for remotely piloted aircraft for Qatar, enhancing bilateral military cooperation.
  • The U.S. and Qatar agreed to explore $38 billion in potential investments to bolster defense and security capabilities.
• These agreements aim to deepen trade relationships and create thousands of jobs in both nations.

Growing Prosperity through Trade: The U.S. and Qatar have a robust trade history, supporting long-term deals in aviation, infrastructure, and technology.

• Qatar’s goals under its National Vision 2030 present new opportunities for U.S. businesses.
• In 2024, the U.S. saw a $2 billion trade surplus with Qatar, with total trade at $5.64 billion, showing steady growth since 2003.
• Qatar’s investments in the U.S. reached $3.3 billion in 2023, spanning various sectors like tourism, IT, and energy.
• Starting in 2019, QatarEnergy invested $18 billion in U.S. energy projects, enhancing energy security for both countries.
• Qatar is also a major player in U.S. military sales, with active cases exceeding $26 billion.
• The ongoing investments from Qatar support job creation and economic growth, further cementing ties between the two nations.

Trump’s Deal-Making Achievements: President Trump remains focused on revitalizing American manufacturing and fulfilling his promise of “Made in America.”

• Today’s deals complement previous commitments, including a $600 billion investment in Saudi Arabia and a recent agreement with the U.K. to enhance trade.
• This surge in investment is expected to boost domestic manufacturing, drive economic growth, and create high-paying jobs across the nation.
• In his dealings with Qatar, President Trump’s past successes include the major GE Aerospace sale that powered Qatar Airways’ new Boeing 787-9—a significant milestone for both companies.
• With these latest achievements, President Trump continues to position himself as a key figure in global trade negotiations, securing wins for American interests.

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