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The Iran war is raising doubts over Trump's "America First" foreign investment goal

Allan Gregory Auclair and Adnan Mazarei

No PB26-15, Policy Briefs from Peterson Institute for International Economics

Abstract: The Iran war has damaged the economies of Saudi Arabia, Qatar, and the UAE, which have made ambitious investment commitments to the United States. The war has weakened their finances, growth prospects, and trust in US security guarantees. The question now is whether, and in what form, the three countries will implement their commitments. Rising defense and reconstruction costs, economic uncertainty, and US congressional scrutiny could push them to delay, scale back, or restructure their commitments. Clearer terms, milestones, transparency, and oversight will be key to keeping the deals on track.

Date: 2026-09
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