US President Trump, on Iran, says only going to make a good deal, will have a long talk with Chinese President Xi about the Iran war; Pakistan has been great
Iran
- On China trip, says good things will happen.
- Does not think he needs Xi's help on Iran.
- Blockade has been effective.
- Iran will either do the right thing, or US will finish the job.
- Iran will make a deal or be decimated.
China
- Will do a lot of business with China.
- Xi will be in US before end of year.
- Lots of things to discuss with Xi, but would not say Iran is one of them.
- Will mainly talk about trade.
Economy
- On inflation, "my policies are working".
- Our inflation is short term.
- Going to have a gusher of oil.
Russia
- On Russian oil waiver, will do whatever is necessary.
- Ending war in Ukraine is very close.
- Will end up getting settlement between Ukraine and Russia.
Cuba
- It is a failed nation.
Venezuela
- Going to get all political prisoners out of Venezuela.
OPEC
- It is having difficulties.
UK
- Calls on UK PM Starmer to open up North Sea oil.
Context
President Trump's comments about Iran signal a strong stance towards achieving a deal while suggesting potential escalation if negotiations fail. His remarks may increase geopolitical tensions, influencing energy prices and market sentiment, particularly regarding oil and related equities. Additionally, the mention of China and trade discussions highlights ongoing economic interdependencies that could affect currency movements in the USD, EUR, and JPY.
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