Trump Advisor: AI Partnership with Gulf Is a Masterstroke

US President Donald Trump and White House AI and Crypto Czar at the White House Crypto Summit in Washington, DC, US, March 7, 2025. (Reuters)
US President Donald Trump and White House AI and Crypto Czar at the White House Crypto Summit in Washington, DC, US, March 7, 2025. (Reuters)
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Trump Advisor: AI Partnership with Gulf Is a Masterstroke

US President Donald Trump and White House AI and Crypto Czar at the White House Crypto Summit in Washington, DC, US, March 7, 2025. (Reuters)
US President Donald Trump and White House AI and Crypto Czar at the White House Crypto Summit in Washington, DC, US, March 7, 2025. (Reuters)

White House AI and Crypto Czar David Sacks said President Donald Trump’s signing of an AI Partnership with Middle East countries is a “masterstroke,” and “a historic diplomatic and economic success.”

On his X account, Sacks wrote: “President Trump’s trip to the Middle East was also a game-changer in the global AI race.”

With the administration’s signing of the first “AI Acceleration Partnership” in Abu Dhabi, Trump signaled a new willingness to work with Gulf State partners on AI, he added.

“This approach was sorely needed to mend fences in the region after years of hostility from the Biden administration,” he said.

Over the course of a three-day trip to the Middle East, Trump and his emissaries from Silicon Valley have transformed the Arab Gulf from an artificial-intelligence neophyte into an AI power broker.

The United States also struck multibillion-dollar agreements to sell advanced chips from Nvidia and AMD to Saudi Arabia and the UAE.

According to Sacks, the AI Acceleration Partnership is not just a single deal, “it’s a new framework for advancing American AI both at home and abroad, positioning our tech stack as the ecosystem of choice across the region for decades to come.”

Sacks explained that under this new framework, the US global partners will invest in the build-out of data centers in the US at least as large and powerful as those in their own home countries.

This means, he said, billions of dollars of investment flowing into the US and billions more in revenue from American technology exports.

Also, the vast majority of advanced semiconductors available in partner countries will be owned and operated by US hyperscalers and cloud service providers. “This ensures that these new AI compute clusters remain part of the larger American technology ecosystem, aligned with US interests,” Sacks explained.

Moreover, he said the framework will allow all advanced semiconductors to remain under robust and comprehensive US security controls, protecting American technology from any illegal diversion or illegal access.

“This is a win-win deal for the US and our global partners,” Sacks wrote. “The US accelerates the build-out of its AI compute infrastructure, and its partners get to participate in the bounties of AI by building on the leading AI tech stack.”

Therefore, “by creating the largest ecosystem, we also help to cement American technology as the global standard — before our competitors can catch up.”

According to Sacks, the alternative to this framework was to exclude critical geo-strategic, resource-rich friends and allies from our AI ecosystem.

“This was the Biden policy, and it was foolish in the extreme. Every country will want to participate in the AI revolution. If we align with them, we will pull them into our orbit. If we reject them, we will drive them into China’s arms,” he wrote.

Thanking Trump for his leadership on AI, he stressed: “He made it a priority for the US to win the AI race, and his historic diplomacy in the Gulf region has already enabled the first AI Acceleration Partnership, with more to come.”



Trump Says China Can Buy Iranian Oil, but Urges it to Purchase US Crude

President Donald Trump poses for photographers as he arrives for a formal dinner at the Paleis Huis ten Bosch ahead of the NATO summit in The Hague, Netherlands, Tuesday, June 24, 2025. (AP Photo/Alex Brandon)
President Donald Trump poses for photographers as he arrives for a formal dinner at the Paleis Huis ten Bosch ahead of the NATO summit in The Hague, Netherlands, Tuesday, June 24, 2025. (AP Photo/Alex Brandon)
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Trump Says China Can Buy Iranian Oil, but Urges it to Purchase US Crude

President Donald Trump poses for photographers as he arrives for a formal dinner at the Paleis Huis ten Bosch ahead of the NATO summit in The Hague, Netherlands, Tuesday, June 24, 2025. (AP Photo/Alex Brandon)
President Donald Trump poses for photographers as he arrives for a formal dinner at the Paleis Huis ten Bosch ahead of the NATO summit in The Hague, Netherlands, Tuesday, June 24, 2025. (AP Photo/Alex Brandon)

US President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of US sanctions.

"China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the US, also," Trump said in a post on Truth Social, just days after he ordered US bombings of three Iranian nuclear sites.

Trump was drawing attention to no attempts by Iran so far to close the Strait of Hormuz to oil tankers, as a closure would have been hard for China, the world's top importer of Iranian oil, a senior White House official told Reuters.

"The president continues to call on China and all countries to import our state-of-the-art oil rather than import Iranian oil in violation of US sanctions," the official said.

After the ceasefire announcement, Trump's comments on China were another bearish signal for oil prices, which fell nearly 6% on Tuesday.

Any relaxation of sanctions enforcement on Iran would mark a US policy shift after Trump said in February he was re-imposing maximum pressure on Iran, aiming to drive its oil exports to zero, over its nuclear program and funding of militants across the Middle East.

Trump imposed waves of Iran-related sanctions on several of China's independent "teapot" refineries and port terminal operators for purchases of Iranian oil.

"President Trump's greenlight for China to keep buying Iranian oil reflects a return to lax enforcement standards," said Scott Modell, a former CIA officer, now CEO of Rapidan Energy Group.

In addition to not enforcing sanctions, Trump could suspend or waive sanctions imposed by executive order or under authorities a president is granted in laws passed by Congress.

Trump will likely not waive sanctions ahead of coming rounds of US-Iran nuclear talks, Modell said. The measures provide leverage given Tehran's demand that any deal includes lifting them permanently.

Jeremy Paner, a partner at law firm Hughes Hubbard & Reed, said if Trump chooses to suspend Iran oil-related sanctions, it would require lots of work between agencies.

The US Treasury would need to issue licenses, and the State Department would have to issue waivers, which require Congressional notification.

Oil traders and analysts in Asia said they did not expect Trump's comments to have a near-term impact on Chinese purchases of oil from either Iran or the US.

Iranian oil accounts for roughly 13.6% of China's oil purchases this year, with the discounted barrels providing a lifeline to margin-squeezed independent refineries. US oil accounts for just 2% of China's imports, and Beijing's 10% tariffs on US oil deter further purchases.