Latest news with #economicdeal
Reuters
5 days ago
- Business
- Reuters
Trump secures $600 billion Saudi investment pledge on Gulf tour
Donald Trump signed a strategic economic deal worth hundreds of billions of dollars with Saudi Crown Prince Mohammed bin Salman on Tuesday (May 13) in Riyadh, as the U.S. president began a tour of Gulf states aimed at drumming up trillions of dollars in investments. Diane To reports.
Times
12-05-2025
- Automotive
- Times
Landmark deal lands two firms in mire
Trade deals always require trade-offs: a ritual sacrifice for the greater good. So, in a sense, what's the big shock in this: that Britain's bioethanol industry has swiftly emerged as the key casualty of Sir Keir Starmer's accord with Donald Trump? The PM's press release last week was headed: 'Landmark economic deal with United States saves thousands of jobs for British car makers and steel industry.' So, could that simply have been the political calculation? Far better to get a tariff cut for motors, a sector sustaining 250,000 jobs, and a steel industry that ministers have just bailed out — again — than worry about giving away too much on the ethanol front. After all, Britain's two bioethanol players — Associated British Foods' Vivergo Fuels
