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Crypto venture with Abu Dhabi could enrich pair with millions – and Democrats say ethics conflict is ‘plain as day’
President Trump received plenty of attention this month when he happily accepted a $400m Boeing 747 from the Persian Gulf emirate of Qatar.
“Only a FOOL would not accept this gift on behalf of our country,” Trump posted on social media.
The deals stand to enrich tech CEOs substantially by opening up new audiences for their products
On his tour of the Middle East this week, Donald Trump announced a slew of multibillion-dollar tech deals with the leaders of Saudi Arabia, the United Arab Emirates and Qatar. With the sale of the US’s most advanced technology, he also sold the American model of the industry that made it: enormous amounts of power concentrated in the hands of a few men.
The announcements poured in last week: the US and the United Arab Emirates agreed on Abu Dhabi as the site of the largest artificial intelligence campus outside the US. The deal reportedly allows the UAE to import half a million Nvidia semiconductor chips, considered the most advanced in the world for the creation of artificial intelligence products. Saudi Arabia struck a similar deal for semiconductors, obtaining the promise of the sale of hundreds of thousands of Nvidia Blackwell chips to Humain, an AI startup owned by its sovereign wealth fund. Cisco said it had signed a deal with a UAE AI firm to develop the country’s AI sector. The agreements also directed some investment by Saudi firms into US technology and manufacturing. Amazon Web Services and Qualcomm likewise announced deals on cloud computing and cybersecurity.
White House remakes foreign policy under pay-for-access code that critics say could violate US constitution
Former White House lawyers, diplomatic protocol officers and foreign affairs experts have told the Guardian that Donald Trump’s receipt of overseas gifts and targeted investments are “unprecedented”, as the White House remakes US foreign policy under a pay-for-access code that eclipses past administrations with characteristic Trumpian excess.
The openness to foreign largesse was on full display this week as the US president was feted in the Gulf states during his first major diplomatic trip abroad this term, inking deals he claimed were worth trillions of dollars and pumping local leaders for investments as he says he remakes US foreign policy to prioritise “America first” – putting aside concerns of human rights or international law for the bottom line of American businesses and taxpayers.
President claims he has made agreements worth more than $200bn with the UAE
Hello and welcome to the US politics live blog. I’m Tom Ambrose and will be bringing you the latest news lines over the next few hours.
We begin with news that Donald Trump has announced deals totaling more than $200bn between the United States and the United Arab Emirates, including a $14.5bn commitment among Boeing, GE Aerospace and Etihad Airways, as he pledged to strengthen ties between the US and the Gulf state during a multiday trip to the Middle East.
A Republican effort to advance President Donald Trump’s sweeping tax bill hit a setback today, as hardline conservatives demanded larger Medicaid cuts in exchange for their support in a procedural vote. House Budget Committee Chair Jodey Arrington, a Republican from Texas, said that the vote, scheduled for Friday, could be delayed amid internal opposition.
The Trump administration is planning to drop routine Covid-19 vaccine recommendations for pregnant women, children, and teenagers, the Wall Street Journal reports. The Department of Health and Human Services, led by secretary Robert F Kennedy Jr, is expected to make the change as it introduces a new vaccine approval framework. The timing of the announcement is unclear but could come within days.
Donald Trump announced deals totaling over $200bn between the United States and the United Arab Emirates, including a $14.5bn commitment between Boeing, GE Aerospace and Etihad Airways, the White House said. The White House said Boeing and GE had received a commitment from Etihad Airways to buy 28 American-made Boeing 787 and 777X aircraft powered by GE engines.
Trump’s executive order seeking to end birthright citizenship found no traction today at the supreme court, with justices taking issue at the attempt to sidestep the constitution. However, the conservative majority seemed open to limiting district judges’ ability to issue broad injunctions against federal policies.
Former House speaker Nancy Pelosi criticized Donald Trump for calling America “stupid” as she joined hundreds of protestors outside the supreme court. Trump had earlier called the US “stupid” for upholding the 14th amendment. Pelosi said: “No Mr President, America isn’t stupid. It’s the Constitution of the United States which all of us in elective office take an oath to protect and defend.” She added: “This is about birthright, it’s about citizenship, it’s about due process.”
Trump arrived in the UAE for day three of his Middle East tour aimed at drumming up investment in the US and securing lucrative economic deals with the Gulf nations. He finished the day walking out of the presidential palace in Abu Dhabi with UAE President Sheik Mohammed after dinner.
Trump said he will “probably” return to Washington on Friday after a tour of three Gulf countries, although he said his destination is unknown as of yet. Trump earlier had hinted that he could stop in Istanbul for talks on Ukraine.
His secretary of state Marco Rubio echoed Trump’s earlier remarks that the only way a breakthrough will happen in the efforts to end Russia’s war in Ukraine would be through direct talks between the US president and Vladimir Putin after Moscow sent a second-tier team to talks taking place in Turkey. Rubio said he would travel to Istanbul for meetings on Friday with Turkey’s foreign minister Hakan Fidan and a Ukrainian delegation, but said he did not have high expectations for the talks.
The Trump administration said it will audit some $15bn in grants to power grid and manufacturing supply chain projects awarded during the Biden administration.