Saudi Crown Prince Mohammed bin Salman committed his country to increasing his planned investment into the U.S. economy to nearly $1 trillion over the next year on Tuesday.

MBS made the announcement while meeting with President Donald Trump in the Oval Office, saying the investments will take place across the U.S. economy. Trump initially stated that the investment would amount to "at least" $600 billion, but the Saudi leader confirmed the higher amount during his remarks.

"You've agreed to invest $600 billion into the United States and because he's my friend, he might make it a trillion, but I'm going to have to work on him. But it's 600. We can count on 600 billion. But, that number could go up a little bit higher," Trump said Tuesday.

"That means investments in plants, in companies, money on Wall Street. And what it really means for everybody, what really counts is jobs. A lot of jobs. We have a lot of jobs," Trump added.... Read More: FOX News