Has Trump really gagged golf transactions worth $ 2 $ TN?

President Donald Trump, who flew home from his golf free last week, said reporters “These were great four days, historical four days”.

When he visited Saudi Arabia, Qatar and the United Arab Emirates (VAE), he added in this trademark that “the work and the money that comes to our countries never added something like that”.

Trump claimed that he could achieve offers of more than $ 2 ($ 1.5 participants) for the United States, but do the numbers add up?

The trip itself was an extravagance, with the three golf states pulling out all stops.

Escorts of fighter jets, extravagant welcome ceremonies, a thundering 21-gun greeting, a fleet of Tesla Cybertrucks, royal camels, Arabic horses and sword dancers were all part of the Pagantry.

The United Arab Emirates also awarded Mr. Trump the highest civilian honor in the country, the Order of Zayed.

The look of the visit was striking; The richest petrostates in the region showed their opulence and revealed how much of this assets they were willing to strengthen relationships with the United States and at the same time achieve their own economic goals.

Before President Trump, who described himself as “Dealmaker in the Chief” as “Dealmaker”, it was clear that the main goal of the trip was to land investments worth billion dollars worth billions of US dollars. At first glance, he was successful.

In Saudi Arabia, Crown Prince Mohammed Bin Salman confirmed a promise to invest $ 600 billion in US Saudi partnerships. In this part of it, a large number of shops were announced that included weapons, artificial intelligence (AI), healthcare, infrastructure projects and scientific cooperation as well as various security relationships and initiatives.

The defense contract of $ 142 billion attracted a lot of attention, as described by the White House as the greatest weapon business of all time.

However, there is some doubts as to whether these investment numbers are realistic.

During his first term from 2017 to 2021, Trump announced that Saudi Arabia with the USA had approved $ 450 billion.

However, between 2017 and 2020, the actual trade and investment flows amounted to less than $ 300 billion, according to the data compiled by the Arab Gulf States Institute.

The report was written by Tim Callen, the former mission manager of the International Monetary Fund (IMF) of Saudi Arabia, and today as a guest scholarship at the Arab Golf States Institute.

“The proof with all of these [new] The offers will be in pudding, ”says Callen.

The BBC contacted the White House to get a comment.

In Qatar, Trump announced an “economic exchange” worth at least 1.2 participants. However, only $ 243.5 billion between the two countries was mentioned in the fact sheet published by the White House.

One of the confirmed Qatar agreements was Qatar Airways, who bought up to 210 passenger jets for $ 96 billion of the oppressed American aircraft manufacturer.

The White House said that the deal would support 154,000 jobs in the United States every year and prove a million jobs as part of the deal of life.

In the meantime, the VAE has concluded an agreement on the construction of the world's largest AI campus outside the United States and reports to access 500,000 most modern microchips in the US giant NVIDIA from next year.

This project is in the broader commitment of the VAE to invest 1.4 participants in the United States in the USA in the United States.

In addition to the challenge of delivering what the promised, oil prices are another potential obstacle for these numbers.

Oil prices fell to a low point of four years in April, as the concerns of Trump's tariffs could dampen global economic growth. The decline was further fueled by the group of oil production nations, Opec+, and announced plans to increase production.

For Saudi Arabia, the decline in global oil prices has continued to tense its finances since the beginning of the year and increased the pressure to either increase the debts or reduce expenses in order to maintain its development goals.

Last month, the IMF reduced the forecast for the world's largest GDP growth in the world in 2025 to 3% compared to its previous estimate of 3.3%.

“It will be very difficult for Saudi to find this kind of money [the $600bn announced] In the current oil price environment, “added Callen.

Other analysts find that many of the agreements signed during the trip were not binding memorandum of understanding that are less formal than contracts and not always transactions. And some of the shops contained in the agreement were announced earlier.

For example, the Saudi oil company Aramco announced 34 agreements with US companies worth up to 90 billion. However, most were not binding memorandum of understanding without certain money obligations.

And his agreement on the annual 1 -year -old 1.2 million tons of flat -flowered natural gas for 20 years at the US company NextDecade was also included in the list of new offers, although it was announced months ago.

However, the massive investments are a continuation of the shift in the US gulf relationship between oil-for-security to stronger economic partnerships that are rooted in bilateral investments.

Bader Al Saif, assistant professor at Kuwait University and Associate Fellow at Think Tank Tank Chatham House, says that the shops point out that the USA and the Gulf States “plan the future together and that was a significant change in the relationship”.

He adds that the AI ​​deals with the VAE and Saudi Arabia, because “they clearly show that they are trying to see how to see the new global order and the new way of doing things together”.

This emphasis on AI underlines the growing strategic importance of technology for US diplomacy. Trump was on the journey of Sam Altman, the head of Openaai, Jensen Huang von Nvidia, and Elon Musk, who owns Grok Ai.

And on the eve of the visit, the White House, which is necessary to best operate the AI ​​systems, scraped the exports of the advanced US halcovers, to best expose the bidges from the bidges. The rules had divided the world on levels, with some countries enjoying broad access to their high-end chips and had refused to others.

About 120 countries, including the golf nations, were grouped in the middle and confronted strict caps to the number of semiconductors they could import. This had frustrated countries such as Saudi Arabia who have ambitions to become high-tech people economics while they are leaving oil.

Both Saudi and the United Arab Emirates races for the construction of large AI data centers, while Abu Dhabi, the capital of the United Arab Emirates, wants to become a global AI hub.

The United Arab Emirates have made visible efforts to calm Washington -to deepen the partnerships with the US Tech companies, contain relationships with Chinese companies and to deal more closely with the American national security interests.

Mr. Al-Saif says that the VAE “bet on the Americans when it comes to AI”. “We saw that the technological turn in the 90s came from the USA anyway.”

Both camps welcome the visit as a triumph. For the Golf and in particular Saudi Arabia, it resigns a partnership that frayed under bidges and underlines their ambition to act as heavyweight players on the world stage.

For Trump, fighting “trillions” offers a timely thrust in new investments – his tariff hikes have bowed global trade and brought US production in the first quarter of the year in the first quarter of the year.

These golf transactions are sold as proof that its economic game book works.

At the end of the trip, Mr. Trump feared that everyone who follows him in the White House would assert recognition for the business as soon as he has come to the completion.

“I will sit at home, whoever knows where I will be and I will say: 'I did that,',” he said.

“Someone will do the honor. They remember, press,” he said, showing himself. “This type did it.”