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The Situation Room with Wolf Blitzer

Trump's Let's Make a Deal Tour Underway

The Situation Room with Wolf Blitzer

CNN

News

3.6857 Ratings

🗓️ 13 May 2025

⏱️ 81 minutes

🧾️ Download transcript

Summary

President Trump embarks on the first major international trip of his second term with a visit to Saudi Arabia. We're following the latest as he meets with leaders and works to make deals. Also: A new report shows inflation dropped to its lowest level in four years. What's behind this unexpected and very welcome news? And will this trend hold?  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Happening now, President Trump is in Saudi Arabia on the first major international trip of his second term.

0:08.6

We're following the latest as he meets with leaders and works to make deals.

0:13.3

Cooling inflation, a new report shows it dropped to the lowest level, lowest rate in four years.

0:20.0

What's behind this unexpected and very welcome news?

0:23.6

And will this trend hold?

0:25.6

Welcome to our viewers here in the United States and around the world.

0:29.6

I'm Wolf Blitzer with Pamela Brown, and you're in the Situation Room. New this morning. New this morning, today President Trump will address a gathering of Saudi investors

0:45.3

and prominent American business leaders from companies like Amazon, Uber, Coca-Cola, and Google.

0:53.3

President Trump received a royal welcome to Riyadh this morning.

0:56.7

This is his first major international trip of his second term, and it's focused largely

1:02.0

on expanding Middle East partnerships and hammering out business deals.

1:07.4

CNN anchor and Chief White House correspondent Caitlin Caitlin Collins, is traveling with the president.

1:12.6

She's joining us now live from Riyadh.

1:14.6

Caitlin, tell us more about the president's goals of this very important trip.

1:20.6

Well, Wolf, obviously, when it comes to the ultimate goal of this trip, there is no grand foreign policy underlining all of this,

1:28.3

but a lot of it has to do with what you heard President Trump talk about as he sat down

1:32.3

with the Saudi Crown Prince earlier today after he greeted him on the tarmac in a very

1:36.8

opulent ceremony and a trip that is coming with all the pageantry that the president will

1:41.5

surely remember from 2017 when he made his first foreign trip of his first term here and stopped in Saudi Arabia.

1:48.4

And during that sit down today, though, with the Saudi Crown Prince, one thing that President Trump talked about is something he's been hammering home ever since he took office.

1:56.5

It's the investments that he'd like to see Saudi Arabia make in the United States during his second term.

2:02.3

Right now, the Saudi Crown Prince has pledged $600 billion of investments in the U.S.

...

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