President Trump holds a business leaders forum alongside Crown Prince Sheikh Khaled in Abu Dhabi.
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01:59It is 34 new Boeing
02:05Adnok and XRG are committing tens of billions of dollars to expand US energy infrastructure
02:19And in healthcare, M42 is partnering with Oracle and the Cleveland Clinic
02:27To launch an AI platform that will transform patient care
02:31These projects stand as a testament to our shared vision for innovation and growth
02:38Mr. President, the UAE deeply values its strategic partnership with the United States
02:43Like you, we believe in thinking big and moving fast
02:48We are proud of what we have built together
02:52And look forward to what comes next
02:55Thank you
02:57Thank you very much
03:02And it's an honor to be with so many great business people
03:05And friends of mine from this area
03:07And from back in the United States
03:10You came and it's an honor that you did
03:12This has been an amazing four-day period
03:14I think like none other
03:15There's never been anything like it actually
03:18And I'm quoting sources that don't particularly prefer me
03:23There's just not been anything like what we've done in the last four days
03:31But I want to thank His Highness
03:32And I want to also thank His Highness Sheikh Tachnun for welcoming us to this beautiful, beautiful palace, beautiful place
03:43Just generally thank you all
03:44Thank you very much
03:46It was very exciting
03:48I also want to recognize all of the officials here from the area as well as the many extraordinary business leaders with us today
03:57We have some of the biggest business leaders
03:59And they've been here over the last couple of days
04:02And, you know, there's a great relationship with Saudi Arabia, Qatar, and UAE
04:09There's great friendships
04:10I can tell you that at the top level
04:13The relationship and friendship is good
04:16It's a really unified Middle East
04:19Something that we haven't seen
04:21The U.S. was absent for four years
04:25We didn't really know too much what we were doing for four years
04:29And things were not going good
04:32Other people were courting the Middle East
04:34But they won't even waste their time in courting them any longer
04:38The people in this room have helped commence between the United States and the United Arab Emirates
04:45Grow $34 billion a year
04:48America's second highest total in the Middle East
04:52And catching, I mean, going
04:54But, you know, the other one's going up very quickly also
04:58The United States has also put $19.5 billion trade surplus with UAE
05:05And we are really thriving economically
05:09And over the last period of time
05:12We started it eight years ago, the relationship
05:15And then it was interrupted, as you know
05:17Sadly interrupted
05:19And not much happened
05:20Nothing happened, actually
05:22But the relationship is now at a much higher level
05:28At a much higher level than it ever was
05:30And it's going to only go in one direction
05:33Because of the relationship
05:35We have American companies
05:36We have Exxon, Oracle, RTX, Qualcomm
05:40And many others
05:41Too many to name
05:42Disney
05:42I see the new theme park is going to be incredible
05:44Bob Iger was in my office the other day
05:47And he was showing it to me
05:49It's going to be incredible
05:50But we're making great progress toward the $1.4 trillion
05:56That UAE has announced that it intends to spend in the United States
06:02Over the next couple of years
06:04Yesterday, the two countries also agreed to create a path for UAE
06:08To buy some of the world's most advanced AI semiconductors
06:12From American companies
06:14A very big contract
06:15This will generate billions and billions of dollars in business
06:19And accelerate the UAE's plans to become a really major player in artificial intelligence
06:25And I read where the oil and gas and oil is great
06:31But you're going to have equally big and maybe even bigger at some point
06:35You'll be surpassing it with AI and other businesses
06:39So that's a great tribute to the job you've done here
06:43The United Arab Emirates is also making incredible strides in industries like energy, real estate and manufacturing
06:52And I see it just in the drive out
06:54And when you look at this building
06:55This building is amazing
06:57We were here last night in the big auditorium
06:59And it's amazing
07:01There's really nothing like it
07:03The global aluminum from the Emirates
07:07Has been the talk of the aluminum business
07:12They're very big with aluminum
07:13And now they're going to be spending a tremendous amount of money
07:17In one of my favorite places, Oklahoma
07:20On expansion
07:21And they
07:23I say, just build your plant inside the United States
07:27And you have no tariffs
07:28And that's exactly what they're doing
07:29And that's what many, many companies are doing
07:31The auto companies
07:32All of them
07:33There's never been anything like what's happening right now to the United States
07:38I can tell you
07:39Nothing
07:40There's never been anything like it
07:42We're at a level that no country has seen
07:46I don't believe
07:47We have
07:48I mean, every time I meet
07:50I usually increase it by about a trillion dollars
07:54Because we get news of another investment
07:56But we're probably in the $12 to $13 trillion range of investments
08:01And you can have an administration go for years and not have anything like that
08:11And not only not that
08:12Have less than $8 trillion
08:14And we're, I think we're heading toward the $12 to $13 trillion
08:19Between projects already announced, mostly announced
08:22But some are going to be announced very shortly
08:26And literally very shortly
08:28And two things are the factor
08:30Number one, November 5th
08:32That was the election
08:32We had the most successful election
08:35That in memory
08:37They said
08:37One of the major media sources
08:41Said the most consequential election in 129 years
08:45And that gives us a mandate
08:46It gives us a mandate
08:47To do the right things for businesses
08:49We can
08:50We can do what we want to do
08:53Because there's so much incompetence shown
08:55In the last four years
08:56That people just don't want
08:58They don't want to have that anymore
08:59Whether it's the border
09:00Where people pour into our country
09:02Without being even checked or looked at
09:0421 million people
09:06Many of them are not the people you want
09:09I'm going to be very nice
09:10Because this is a little bit different setting
09:12But they're not the people you want
09:14But we now have 99.9% closed
09:18Nobody thought that was possible
09:20We had a very successful border the first time
09:23I won the election the first time in 2016
09:26Because of the border
09:26We made it very good, very fast
09:28But now it's even at a new level
09:30Because I built hundreds of miles of wall
09:32Which we didn't have in the first election
09:35Because I hadn't started that yet
09:37But we will soon have a very safe country
09:40We're getting people out
09:42We need help from the courts
09:44The courts are trying to think
09:45That they're taking privilege
09:47That they shouldn't have
09:48That was not what the election was all about
09:50The election was they want
09:52They want people that shouldn't be there
09:54People that are criminals in many cases
09:58They want them out
09:58They want them out
09:59And we're going to get them out fast
10:01We just reached a fantastic trade deal
10:04As you know with the United Kingdom
10:05Which was wonderful
10:08And we have another big one
10:10That we just reached with China
10:11China deal is a very big deal
10:14It's in the process of continuing to be formed
10:17But they wanted to make that deal very badly
10:21And we have at the same time
10:23150 countries that want to make a deal
10:27But you're not able to see that many countries
10:29So at a certain point over the next two to three weeks
10:32I think Scott and Howard
10:33Will be sending letters out
10:35Essentially telling people
10:37It would be very fair
10:38But we'll be telling people
10:39What they'll be paying to do business in the United States
10:44So essentially be paying
10:46To be doing business in the United States
10:49I guess you could say they could appeal it
10:51But for the most part
10:52I think we're going to be very fair
10:53But it's not possible to meet the number of people
10:57That want to see us
10:58But this was coming to
11:01UAE was very important
11:02Coming to Saudi Arabia and Qatar
11:06Was very important to me
11:07Because of personal relationships
11:09That I had maybe more than anything else
11:11So it's been an amazing period of time
11:14People have said
11:16Very, very
11:18I mean, I don't know
11:20We're developing a lot of fans
11:21But people have said
11:23They've never seen anything like taking place
11:25Over the last four days
11:26In terms of investment
11:27In terms of the kind of money
11:29Coming back into the United States
11:31And all that money
11:32The money is a nice word
11:33But it's really jobs
11:34We have jobs that are at a level
11:38That we very soon
11:39We'll not be able to
11:41Nobody can duplicate it
11:43And people want to be our partner
11:45They want to be investing in the United States
11:47And they weren't doing that
11:49They weren't happy with the United States
11:51For a pretty long period of time
11:53So we've done something
11:55That I'm very proud of
11:57We'll be heading back now
11:59And I look forward to that
12:01We'll go back to D.C.
12:03I just had a little announcement
12:07Of a beautiful grandchild
12:09A boy
12:09Tiffany and Michael
12:12So we're very excited about that
12:15I look forward to that
12:16I probably should have left yesterday
12:18But I couldn't disappoint you
12:20Your father would have been extremely upset with me
12:22And you would have been more upset
12:24He would have understood
12:26We had such a beautiful evening
12:29And they planned it so beautifully
12:31I said I'm going to have to wait
12:32Just a little bit
12:33But the way we were treated
12:37By your family
12:39The way we were treated by Qatar
12:42Saudi Arabia
12:44And others
12:45Has just been so
12:46I'm very proud
12:48To be representing
12:49The United States of America
12:50And thank you all for being here
12:52And media
12:53Thank you very much
12:54You've been very fair
12:54Thank you very much