MBS Says Saudi Arabia Will Invest $1T in US

President Donald Trump hosted Saudi Arabia’s Crown Prince Mohammed bin Salman at the Oval Office Tuesday, announcing a pledge for $1 trillion in commercial deals. The investment pact includes US defense sales, as well as plans by Saudi companies to buy American-made gear, and partnerships in cutting-edge technologies, energy, aerospace, and sports sectors. President Trump also said the leaders expected to agree on the sale of some advanced artificial intelligence chips to Saudi Arabia, though negotiations are ongoing. Atlantic Council Senior Fellow Ellen Wald joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down. (Source: Bloomberg)