Watch Live: Trump to speak at U.S.-Saudi investment summit today

CBS News Live

CBS News 24/7 Live

President Trump is acceptable to present remarks Tuesday astatine a U.S.-Saudi investment acme and volition motion agreements for the Pentagon, Justice Department, FBI and different agencies to cooperate with their Saudi Arabian counterparts.  

Mr. Trump and Crown Prince Mohammed bin Salman announced aggregate economical and defence agreements, an denotation of Mr. Trump's intent to deepen U.S.-Saudi ties, contempt long-held concerns from State Department reports and quality rights groups astir its regularisation of civilian liberties and governmental rights.

The president arrived successful Saudi Arabia earlier Tuesday, the archetypal halt connected a four-day travel to the Middle East for Mr. Trump. The travel is his archetypal of his 2nd term. The president besides visited Saudi Arabia earlier immoderate different federation during his archetypal word successful the White House — bucking the contented for presidents to marque their archetypal overseas travel to the United Kingdom, one  of the United States' strongest allies.

After Air Force One was escorted into landing by Saudi combatant jets, Mr. Trump was greeted connected the tarmac astatine the airdrome successful Riyadh by the kingdom's de facto ruler, the crown prince. After a java ceremony, Trump past went to the Royal Court, wherever helium and bin Salman descended a lavender carpet arsenic trumpets sounded to people the president's arrival. 

Following the accomplishment ceremony, the president attended a delegation gathering and bilateral meeting.

Mr. Trump complimented the Crown Prince successful remarks during their bilateral meeting, calling him "wise beyond his years." The president besides said that the Saudi prince is considering a acquisition of $600 cardinal of subject instrumentality but joked that it could beryllium $1 trillion. 

The 2 leaders besides participated successful a concern luncheon with notable CEOs including Elon Musk, Larry Fink, and Stephen Schwarzman. Mr. Trump said the concern leaders are expected to locomotion distant from the sojourn "with a batch of checks."  

Saudi Arabia is of cardinal diplomatic value to the Trump White House, particularly amid ongoing efforts to negociate a woody with Iran implicit its atomic program, and with the Israel-Hamas warfare inactive raging successful Gaza. The president and the crown prince held backstage talks earlier Tuesday which were expected to span a wide scope of topics, from Iran's atomic programme to the warfare successful Gaza and keeping lipid prices successful check. 

But the sojourn besides focused connected business, arsenic the president has looked to fortify ties with the Middle East partner. And Joining Mr. Trump astatine the concern acme were expected to beryllium immoderate high-profile concern leaders, including Nvidia's Jensen Huang, Palantir's Alex Karp, Citigroup's Jane Fraser, BlackRock's Larry Fink, Franklin Templeton Investments's Jenny Johnson, Uber's Dara Khosrowshahi, BDT & MSD Partners' Dina Powell McCormick and Blackstone's Steve Schwarzman, according to aggregate sources acquainted with the event. 

Later this week, Mr. Trump volition question to Qatar and the United Arab Emirates. Qatar has offered to donate a jumbo jet donated by the royal household of Qatar for Mr. Trump's exclusive usage arsenic a statesmanlike plane.

Mr. Trump has defended accepting the acquisition of the plane, saying Monday "I could beryllium a anserine idiosyncratic and say, ohio no, we don't privation a escaped plane." 

Gabrielle Ake and Jennifer Jacobs contributed to this report.