U.S. President Donald Trump implemented a 10% tariff on 2/4/2025 on all imports, alongside additional "reciprocal tariffs" targeting 57 trading partners, including Saudi Arabia, as part of his strategy to reduce trade deficits and safeguard U.S. manufacturing.
In this regard, Saudi Crown Prince Mohammad Bin Salman (MBS) is concerned by President Trump's emerging tariff policies and has set a plan to protect the Saudi economy.
The note provides an overview of the following aspects:
- MBS' reaction to protect the Saudi economy from the snowballing effects of the tariffs
- His concerns about the tariffs' consequences on Saudi economy
- MBS' suspicions on the tariffs being linked to the normalization file
- A messsage he intends to deliver to President Trump in their upcoming meeting
