Trump’s Fears About Economy Undercut U.S. Leverage in Iran Talks
- On Wednesday, President Donald Trump signed an interim peace deal with Iran to avoid economic catastrophe, reopening the Strait of Hormuz and initiating 60 days of negotiations on nuclear limits and sanctions relief.
- A 100-day war with Iran cost the Pentagon up to $40 billion, depleted oil reserves to 1983 levels, and pushed gas prices above $4 per gallon, straining the economy and driving public disapproval.
- Casualties include 13 American service members, while 56% of Americans say the war impacted U.S. interests more negatively than positively, amid billions in extra fuel expenses for households and businesses.
- Markets reacted immediately as oil prices tumbled following the deal announcement, though talks in Switzerland on Sunday led by Vice President JD Vance face complications from ongoing Iran-Israel strife.
- Trump faces political headwinds with approval ratings at 37% and annual inflation exceeding 4%, though he claims his policies are delivering records in jobs and affordability amid the economic pressures.
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Majority of Republicans think Trump failed with his latest attempt to save face: data guru
A majority of Americans – including Republicans – believe that President Donald Trump was desperate to end his war in Iran regardless of whether his goals were accomplished.The president signed a memorandum of understanding last week to negotiate an end to the war he launched Feb. 28, and CNN's Harr...
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Pentagon Warns Iran War Costs Could Drain Operations Funds Without Emergency Spending Bill
The Pentagon is reportedly seeking $80 billion for Iran War expenses and other costs as lawmakers weigh depleted missile stockpiles, proposed Israel-related defense funding and ... The post Pentagon Warns Iran War Costs Could Drain Operations Funds Without Emergency Spending Bill first appeared on [your]NEWS.
After more than 100 days of conflict, CNN drew up the bill of war in Iran and, above all, how it affected the United States, in figures. ...
According to preliminary estimates, the U.S. military campaign against Iran has cost the Department of Defense about $40 billion. Such calculations are presented in an analytical study prepared for publication by the Center for Strategic and International Studies.
The war with Iran generated costs of about $40 billion for the U.S. Department of Defense, according to a preliminary analysis carried out by the Center for Strategic and International Studies (CSIS) and quoted by CNN.
The figure includes the costs of ammunition, destroyed equipment and damage to military bases, explained in CSIS.
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