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Trump says Iran war will end 'when I want it to' as costs balloon
CNBC • • general
Key Points:
- President Donald Trump claimed at a Texas rally that the Iran war will end "whenever I want it to," emphasizing that Iran must never obtain a nuclear weapon.
- Trump's approval ratings have dropped to 32% amid rising energy costs and affordability concerns ahead of the November midterm elections.
- The Iran conflict has cost American families an average of $2,000 so far, with expenses stemming from higher energy prices, increased interest rates, and military spending.
- U.S. military costs for the Iran war have reached $47 billion, including $29 million for munitions replacement, despite earlier claims of near-unlimited ammunition supplies.
- The financial toll does not account for $184 million in damages to U.S. military bases in the Middle East, highlighting the broader economic impact of ongoing tensions with Iran.
