Trump Secures $12B Trade Deals With Uzbekistan, Kazakhstan

Trump Secures $12 Billion in Central Asia Trade Deals to Challenge China’s Influence and Access Rare Earth Minerals

  • President Donald Trump secured $12 billion in trade deals with Uzbekistan and Kazakhstan.
  • Uzbekistan Airlines agreed to buy up to 22 Boeing aircraft worth $8 billion.
  • Kazakhstan signed a $4.2 billion contract with Wabtec Corporation for 300 locomotives and rail equipment.
  • The agreements aim to boost US economic ties with Central Asia and compete with China in the region.
  • Both countries are rich in rare earth minerals, which are important for high-tech industries.

On Tuesday, President Donald Trump finalized $12 billion in trade deals with Uzbekistan and Kazakhstan. The agreements involve supplying aircraft to Uzbekistan and rail equipment to Kazakhstan to expand US economic presence in Central Asia.

- Advertisement -

According to official announcements, Uzbekistan Airlines will purchase up to 22 Boeing aircraft, with 14 confirmed and options for 8 more, totaling $8 billion. Kazakhstan reached a $4.2 billion agreement with Pennsylvania-based Wabtec Corporation to buy 300 locomotives and additional rail equipment.

“We will continue to work together on many more items!” Trump posted on Truth Social following the announcement. The US Commerce Department highlighted the Kazakhstan rail contract as the “largest rail deal in US history,” and Commerce Secretary Howard Lutnick said, “This landmark deal advances US manufacturing jobs and accelerates growth, opportunity, and connectivity in America and Central Asia.”

Kazakhstan‘s President Qasym-Zhomart Toqaev met in New York to discuss the trade deals. The agreements are intended to strengthen US partnerships in Central Asia, an area where China currently has significant influence, especially in rare earth minerals. Rare earths are essential materials used in electronics and renewable energy technologies.

The White House has indicated plans for ongoing trade engagement with both countries. Speculation is growing about future US efforts to increase investment in this resource-rich region, where control over supplies of rare minerals remains a key issue as China still leads globally in rare earth exports.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

FalconX Launches First Forward Rate Contracts for Ethereum Staking

FalconX completed the first forward rate agreements based on the Treehouse Ethereum Staking Rate. The...

Oracle to Operate TikTok US Algorithm as Takeover Deal Nears Completion

A potential agreement is nearing that would move control of TikTok’s U.S. operations to...

Bitcoin Options Expiry Favors Bulls if $112K Holds Amid Uncertainty

About $22.6 billion in Bitcoin options contracts are set to expire on Friday, with...

BitMine Buys $84M in Ethereum, Analysts See ETH Hitting $12K+

Ethereum holds above $4,100 following an $84 million purchase by BitMine Immersion.The company now...

Institutions Buy Billions in MSTR as Stock Drops 38% From High

Institutional investors continue to buy large amounts of MSTR shares, even as the stock...
- Advertisement -

Must Read

10 Best Bitcoin Debit Cards

You are reading this post because you want to get your hands on the best bitcoin debit card - right? Well, we got you covered. We...