{"id":1798,"date":"2026-07-22T22:13:30","date_gmt":"2026-07-22T22:13:30","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1798"},"modified":"2026-07-22T22:13:30","modified_gmt":"2026-07-22T22:13:30","slug":"trump-gives-saudis-concessions-in-tentative-nuclear-deal-as-family-business-is-increasingly-tied-to-kingdom","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1798","title":{"rendered":"Trump Gives Saudis Concessions In Tentative Nuclear Deal\u2014As Family Business Is Increasingly Tied To Kingdom"},"content":{"rendered":"<div>\n<h2>Tangent<\/h2>\n<p>Trump transferred his interests in his family businesses to a trust controlled by his sons when he took office a second time, to avoid an appearance of a conflict. Critics point out Trump has maintained a financial interest in many of his assets, rather than selling them.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1796\">950 Million People Now Use Gemini Each Month As Alphabet Posts Earnings Beat<\/a><\/p>\n<h2>Chief Critic<\/h2>\n<p>\u201cCongress should approve only if the deal has the same gold-standard safeguards as our deal with the UAE,\u201d Rep. Brad Sherman, D-Calif., <u>posted<\/u> on X. \u201cA president waging war to prevent nuclear proliferation in the Middle East should not facilitate proliferation just because U.S. companies stand to make a profit.\u201d Sherman was referring to the non-proliferation agreement with the United Arab Emirates that requires more aggressive nuclear inspections. Sherman noted during a congressional hearing later Wednesday that he introduced the \u201cNo Nuclear Weapons for Saudi Arabia Act\u201d with then-Sen. Marco Rubio, R-Fla., in 2018, \u201cwhich mandated that any agreement with Saudi Arabia would have to have the affirmative approval of Congress. And I miss Sen. Rubio,\u201d Sherman said. \u201cThis Sec. Rubio takes a completely different approach.\u201d Rubio refused to answer questions from reporters about the agreement on Wednesday, deferring to the White House. <\/p>\n<h2>What To Watch For<\/h2>\n<p>Trump is expected to sign the agreement with Saudi Arabia this week and submit it to Congress for review. Under the Atomic Energy Act, Congress can issue a resolution of disapproval within 90 days, but it would require a veto-proof majority, meaning the agreement is unlikely to fail.<\/p>\n<div><\/div>\n<h2>Key Background<\/h2>\n<p>The agreement would allow Saudi Arabia to enrich its own fuel for nuclear reactors, which critics fear could facilitate Saudi development of a nuclear weapon. Saudi Arabia would be required to use U.S. companies to supply the reactors, and the U.S. companies would set up safeguards to limit Saudi control over the program and prevent it from using it to develop a nuclear weapon. Referred to as a nuclear \u201cnon-proliferation\u201d agreement, the U.S. has 26 similar agreements with 51 governments and the International Atomic Energy Agency, according to <u>The New York Times.<\/u> The deal reportedly included multiple favorable terms for Saudi Arabia, including limiting international nuclear inspections and potentially allowing the Saudis to enrich uranium or reprocess plutonium, he Times reported. The deal has been in the works for years under previous administrations. Former President Joe Biden required it be contingent on Saudi Arabia recognizing Israel, but Trump abandoned the provision. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1794\">Could New Crypto Legislation Threaten Trump\u2019s Profits? What To Know About Proposed Clarity Act Change<\/a><\/p>\n<h2>further reading<\/h2>\n<p>Trump Administration Reportedly Clears Landmark Nuclear Deal With Saudi Arabia (Forbes)<\/p>\n<p>Here\u2019s Everything We Know About Trump\u2019s Financial Ties To Saudi Arabia (Forbes)<\/p>\n<p>Trump Downplays Business Ties To Saudi Arabia\u2014What To Know About His Family\u2019s Dealings (Forbes)<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1792\">Powerball Jackpots Are About To Grow Faster\u2014Here\u2019s Why<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The nuclear agreement was first reported Tuesday and Trump is expected to sign it Wednesday.<\/p>\n","protected":false},"author":1,"featured_media":1797,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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