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Trump Says That Huge Saudi Arabia Arms Deal Will Create 500,000 U.S. Jobs. Defense Firms Suggest the Number Is Much Smaller

October 30, 2018

Via: Fortune
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The U.S. arms deal with Saudi Arabia will probably create some jobs, just nowhere near as many as Trump says.

President Trump is fond of claiming that the $110 billion arms deal he negotiated with Saudi Arabia last year (which might not actually be worth $110 billion) will create 500,000 jobs. But according to documents seen by Reuters, the jobs expected to be created in defense and related industries will total a fraction of that estimate.

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