Trump says U.S. and Uzbekistan reach a $35 billion trade deal

[United States and Uzbekistan flags on puzzle pieces, symbol of partnership, cooperation, and international relations]
Ployker/iStock via Getty Images

U.S. President Donald Trump said that the U.S. and Uzbekistan reached a major trade and economic agreement on Thursday, after meeting with Central Asian leaders.

“Over the next three years, Uzbekistan will be purchasing and investing almost $35 Billion Dollars and, in the next 10 years, over $100 Billion Dollars, in key American Sectors, including Critical Minerals, Aviation, Automotive Parts, Infrastructure, Agriculture, Energy & Chemicals, Information Technology, and others,” Trump wrote in a post [https://truthsocial.com/@realDonaldTrump/posts/115506045885898474]on his Truth Social account.

The president added that he looks “forward to a long and productive relationship between our Countries!

Trump highlighted investments in critical minerals as he hosted Central Asian nations at the White House. The talks centered on strengthening U.S. access to strategic resources such as uranium, copper, and rare earth elements as a strategic move to strengthen U.S. supply chains and reduce dependence on China and Russia.

The U.S. Department of Commerce, the Office of the U.S. Trade Representative, and Uzbekistan's Ministry of Investment have not released any official statements or documents detailing the specifics of such an agreement. The figures are yet to be confirmed by the governments.

Uzbekistan’s president, Shavkat Mirziyoyev, called the gathering "the beginning of a new era" of U.S.–Central Asia relations.

Separately, Uzbekistan Airways said it will purchase [https://seekingalpha.com/news/4497494-boeing-grabs-largest-ever-order-from-uzbekistan-airways-for-up-to-22-dreamliners] up to 22 Boeing (BA [https://seekingalpha.com/symbol/BA]) 787 Dreamliner jets, reportedly valued at over $8 billion, further aligning Uzbekistan’s aviation growth with American industry.

DEAR READERS: We recognize that politics often intersect with the financial news of the day, so we invite you to click here [https://seekingalpha.com/article/4836097-politics-and-the-markets-110725] to join the separate political discussion

MORE ON MARKETS

* The Correction Is Just Getting Started [https://seekingalpha.com/article/4839914-the-correction-is-just-getting-started]
* AAII Sentiment Survey: Neutral Sentiment Jumps [https://seekingalpha.com/article/4839679-aaii-sentiment-survey-neutral-sentiment-jumps]
* Rates: Long Ends Get Some Personality [https://seekingalpha.com/article/4839601-rates-long-ends-get-some-personality]
* Fed's Musalem says policy rate has been eased to provide insurance to the labor market [https://seekingalpha.com/news/4518098-feds-musalem-says-policy-rate-has-been-eased-to-provide-insurance-to-the-labor-market]
* Fed's Waller says properly regulated Stablecoins can strengthen trade and modernize finance [https://seekingalpha.com/news/4517822-feds-waller-says-properly-regulated-stablecoins-can-strengthen-trade-and-modernize-finance]