RIYADH, Saudi Arabia — On the first stop of his inaugural foreign trip, President Donald Trump signed his name Saturday to a nearly $110 billion arms deal with Saudi Arabia effective immediately — plus another $350 billion over the next 10 years.
The White House trumpeted the agreement as a "significant expansion" of the two nation's "security relationship" that includes promises for future defense capabilities to support Saudi Arabia's defense needs.
"That was a tremendous day. Tremendous investments in the United States," Trump, following a day of pageantry upon his arrival, said during a meeting with Saudi Arabia's Crown Prince Mohammed bin Nayef. "Hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs."
Secretary of State Rex Tillerson and Saudi Arabian Minister of Foreign Affairs Adel bin Ahmed Al-Jubeir also touted the agreement while briefing reporters Saturday, stressing the need for economic security and joint counterterrorism efforts.
Tillerson previewed "ongoing engagement and dialogue" as well as regular meetings to review how the deal's tenets will progress. Saturday's announcement, Tillerson added, shows a "strong message to our common enemies."
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