Saudi Arabia’s Richest Man Prince Alwaleed bin Talal on Trump’s Tariffs, DeepSeek, Israel, and Iran
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Prince Lee, thank you very much. The reason I've been so anxious to talk to you is because as someone who's been investing more successfully than almost anyone around the world for 45 years, I think you've got a pretty good handle of what's going on in the world. Are you hopeful right now in this moment? Let's just start biggest possible picture.
Yes, I'm positive. I'm hopeful. With the Trump administration coming very forcefully. Yes. With clear vision about where the world should be heading. I'm optimistic, cautious optimistic, but it's going to take some time because the legacy that Trump had is a big one. Yes. On foreign policy, domestic policy, debt, immigration. We will talk about all these things, obviously, today. But the legacy is so big. And we've seen that the first week of Trump or now the first 10 days is coming very strongly. And I really hope that this momentum stays and have a positive effect on the international community as much as it will have a good impact on the domestic policy.
When Trump was elected in November, the world was really on the on the cusp of two major of two big conflicts that could potentially get much bigger in Eastern Europe and in this region. Do you think he can successfully resolve those conflicts?
Look, we all know Netanyahu is going to meet him tomorrow. Yes. And I really hope that President Trump is very forceful in imposing or at least forcing Israel to have a peaceful resolution to this Palestinian issue that's been going on since the late 1940s. It's about time to have a fine solution for the Palestinian cause to stop all those terrorist acts that are really unwanted, like the one that happened in October. And obviously, you're alluding to the Ukraine war. Also, it's about time to have this war end, a useless war between Russia and Ukraine that caused hundreds of thousands of people to die from both sides, civilians and otherwise. What's the solution to the problem in the Middle East? Look, the stated official position of Saudi Arabia, which I really support, of Crown Prince Mohammed bin Salman, who was announced on your X Channel Fox. Yes. He said publicly that, you know, we are having discussions with Israel to acknowledge each other. But as a good pro quo, we need a Palestinian state.
We need to have the rights of the Palestinians acknowledged. And we need to have Palestine independent and have as capital city East Jerusalem. So if these things are met, I think Saudi Arabia is more than ready to have diplomatic relations between Saudi Arabia and Israel, as Crown Prince Mohammed bin Salman announced a few months ago.
From an outsider's perspective, Saudi Arabia does not have official diplomatic relations with Israel, but it's certainly aligned with Israel against Iran. That's the way it looks from outside. Do you think it's fair to say?
Oh, look, I mean, it's very easy to get against Iran, aligned against Iran. Iran is, you know, is a nation based dogmatically. On terroristic ideas. You know, we have seen how every country that Iran goes to, you have turmoil. Look at Iraq, Syria, Lebanon, Gaza, Yemen, Sudan, all those countries, what's coming among them? You have the Iranian infiltration. So clearly it's not easy, not difficult at all to be in alliance with any country against Iran because Iran always plants the seeds of trouble, chaos and confusion wherever they are.
So that's the view of Israel too, as you know. Yes, exactly. So you have that big perspective in common with the Israeli government despite your differences. So there's been progress, I would say, between Saudi Arabia and Israel, but I don't think there's been any progress on the prospect of a Palestinian state. People have been saying that for, you know, well, certainly since 1967, but it feels like we're farther from that.
We are very far, of course, after what happened in Gaza. But I think with the strong leadership from the United States and with the effectiveness that the United States could really have in the West Bank with the Palestinian authorities, if they can have these people being more effective,
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