In Riyadh, US president focuses on business, shifting from Biden's policy that prioritised Saudi Arabian-Israeli ties.
Cuts come in addition to $2.2bn in suspended contracts and grants, as US president seeks to pressure Ivy League school.
Bayer Leverkusen's Xabi Alonso poised to replace Real Madrid manager Carlo Ancelotti, according to media reports.
Democrats and good government advocates say it is unethical and likely unconstitutional for Trump to accept.