Former Trump economic advisor Stephen Moore comments on the U.S.’ trade deal with the European Union, the president’s tariff policy and U.S. Commerce Secretary Lutnick’s remarks on the economy.
President Donald Trump says a major trade and economic agreement between the U.S. and Uzbekistan is on the horizon.
In a post to Truth Social on Friday, Trump wrote:
“I am thrilled to announce an incredible Trade and Economic Deal between the United States and Uzbekistan. Over the next three years, Uzbekistan will be purchasing and investing almost $35 Billion Dollars and, in the next 10 years, over $100 Billion Dollars, in key American Sectors, including Critical Minerals, Aviation, Automotive Parts, Infrastructure, Agriculture, Energy & Chemicals, Information Technology, and others. I want to thank Uzbekistan’s president, Shavkat Mirziyoyev. We look forward to a long and productive relationship between our Countries!”
The president cited figures that have not been confirmed by either government, and no official statements or documentation from the U.S. Department of Commerce, the Office of the U.S. Trade Representative, or Uzbekistan’s Ministry of Investment have been released outlining the details of such an agreement.
U.S. President Donald Trump delivers remarks during the America Business Forum at the Kaseya Center on November 5, 2025 in Miami, Florida. (Photo by Kevin Dietsch/Getty Images / Getty Images)
Trump’s post came shortly after he hosted leaders from Central Asian nations — including Uzbekistan — at the White House, where he highlighted critical minerals as a key priority for his administration. The talks centered on strengthening U.S. access to strategic resources such as uranium, copper and rare earth elements as Washington seeks to reduce reliance on China and Russia for essential supply chains.
The White House said the meeting marked an expansion of the C5+1 partnership, a platform launched in 2015 to promote cooperation on economic, energy and security issues. The discussions reportedly included new agreements on critical minerals and commercial deals, including Boeing’s plan to sell dozens of airplanes across the region.
Uzbekistan’s president, Shavkat Mirziyoyev, called the gathering “the beginning of a new era” of U.S.–Central Asia relations and proposed establishing a permanent regional secretariat.
TRUMP AND XI SET FOR FIRST FACE-TO-FACE MEETING IN 6 YEARS AS MAJOR TRADE WAR LOOMS OVER BOTH NATIONS
In a report by Reuters, it was previously noted that Uzbekistan Airways signed an agreement with Boeing to acquire up to 22 of the company’s 787 Dreamliner aircraft, a deal valued at more than $8 billion, according to Boeing and U.S. officials.
Trump’s reference to the transaction in earlier comments called it “a great deal with Boeing” and credited it with supporting tens of thousands of American jobs.
U.S. President Donald Trump boards Air Force One as he prepares to depart for South Korea at Haneda Airport on October 29, 2025 in Tokyo, Japan. (Andrew Harnik/Getty Images / Getty Images)
TRUMP’S MASSIVE ECONOMIC TRADE DEAL WITH EU: WHAT TO KNOW
Uzbekistan President Shavkat Mirziyoyev has said in recent remarks that his government seeks to expand trade and investment partnerships with the United States, particularly in energy, aviation and technology sectors.
President Donald Trump delivers remarks on reciprocal tariffs as US Secretary of Commerce Howard Lutnick holds a chart during an event in the Rose Garden entitled “Make America Wealthy Again” at the White House in Washington, DC, on April 2, 2025. (Brendan Smialowski/AFP via Getty Images / Getty Images)
CLICK HERE TO GET FOX BUSINESS ON THE GO
During a meeting on Sept. 24, 2025, he said that cooperation with the United States is “a key factor for sustainable growth and innovative development,” with a focus on finance, technology, infrastructure modernization, and aviation.
However, no independent confirmation or supporting material has surfaced regarding the broader $35 billion investment claim.