Chips and Coins

"In May, during a tour of the Middle East, the president made a stop in the U.A.E. to announce the chips deal. He was joined by Mr. Witkoff, Mr. Sacks, Sheikh Tahnoon and other Emirati leaders at Qasr Al Watan, the presidential palace.

"The officials gathered around a scale model of the technology facilities that the U.A.E. intends to build, using the American chips that the Trump administration had agreed to share.

"That agreement is still subject to final approval. But in Abu Dhabi, the negotiators touted the framework as historic.

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