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President Trump Secures $1.2 Trillion in U.S.-Qatar Economic Agreements

President Trump Secures $1.2 Trillion in U.S.-Qatar Economic Agreements

During his official visit to Qatar, President Donald J. Trump announced a landmark $1.2 trillion economic commitment between the United States and Qatar, reinforcing a deepening partnership focused on innovation, manufacturing, defense, and advanced technology.

President Trump revealed more than $243.5 billion in new deals, including the largest aircraft agreement in Boeing’s history. Qatar Airways will purchase up to 210 U.S.-made Boeing 787 Dreamliners and 777X aircraft, powered by GE Aerospace engines—a $96 billion deal expected to support over 1 million American jobs throughout production and delivery.

Other major partnerships announced include:

  • McDermott advancing $8.5 billion in critical offshore LNG infrastructure with QatarEnergy.

  • Parsons Corporation securing 30 infrastructure projects valued at up to $97 billion.

  • Quantinuum launching a $1 billion joint venture with Al Rabban Capital to boost U.S. quantum technology development and workforce training.

Defense and Security Commitments Strengthened

President Trump also celebrated enhanced defense cooperation, with Qatar finalizing two major military equipment deals:

  • Raytheon’s $1 billion contract to supply Qatar with the Fixed Site-LIDS anti-drone system, making Qatar the system’s first international customer.

  • General Atomics’ $2 billion agreement for the MQ-9B remotely piloted aircraft system.

In addition, the two nations signed a strategic security agreement outlining over $38 billion in future defense cooperation, including investments in Al Udeid Air Base and regional maritime security initiatives.

Expanding Bilateral Trade and Investment

Qatar’s National Vision 2030 aligns closely with U.S. strategic interests, creating vast opportunities for collaboration across energy, infrastructure, technology, and consulting. In 2024, bilateral trade between the two countries totaled $5.64 billion, with the U.S. enjoying a $2 billion trade surplus.

Key trade and investment highlights:

  • Qatar’s 2023 greenfield investment in the U.S. reached $3.3 billion, targeting tourism, IT, advanced manufacturing, and energy.

  • QatarEnergy committed $18 billion to U.S. energy infrastructure since 2019, including major projects with ExxonMobil and Chevron Phillips Chemical on the Texas Gulf Coast.

  • Qatar ranks as the U.S.’s 12th largest Foreign Military Sales partner, with active cases valued at more than $26 billion.

A New Era of Economic Partnership

President Trump’s agreements with Qatar mark a significant expansion of U.S. commercial and defense influence in the Gulf. These deals are expected to catalyze thousands of high-quality jobs, boost American exports, and fuel innovation across key sectors.

In Trump’s words, this moment reflects the return of “Made in America” and the dawn of a new Golden Age for U.S. manufacturing and global leadership.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

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