Trump Says He Loves Inflation Caused By Iran War
Forbes • • nation
Key Points:
- President Donald Trump expressed support for rising inflation, stating "I love inflation" as it reached a three-year high amid the Iran conflict and increasing gas prices.
- Trump claimed the U.S. has been "taking out millions of barrels of oil" during the Iran war, contributing to oil prices around $85-$91 per barrel, though his exact meaning was unclear.
- Only 22% of Americans approve of Trump's handling of the cost of living, according to a recent Reuters/Ipsos poll, which is lower than the 29% approval rating for former President Joe Biden at the end of his term.
- Trump renewed threats to attack Iran "hard" following Iran's downing of a U.S. helicopter near the Strait of Hormuz, with U.S. forces conducting "self-defense strikes" after the incident.
- Despite ongoing violence, Trump reiterated claims that the U.S. and Iran are "really close to a deal," criticizing Iran for prolonged negotiations and warning they would "have to pay the price."