Trump 'low-key' bets on economic pressure against Iran
WASHINGTON - Keeping a low profile doesn't come naturally to Donald Trump.
Donald Trump is employing a low-key strategy in his conflict with Iran, focusing on economic pressure rather than diplomacy or further military strikes. During an interview with Axios, Trump stated, "We are low-keying it. We're only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money."
The President has noted that Iran is "broke, totally broke, and they're not paying their soldiers." While Trump has repeatedly claimed that the country is experiencing inflation rates of over 300%, experts suggest that Tehran is still struggling with sanctions and cannot access its overseas assets. Michael O Hanlon, an expert from the Brookings Institution, stated, "Iran is in terrible shape economically.
It can't ship oil at any meaningful level." The President has reportedly been reviewing new measures targeting Iran's Islamic Revolutionary Guard Corps and may consider tightening existing sanctions. Iran's Foreign Ministry spokesman, Esmaeil Baqaei, dismissed the push for sanctions as a "retreat" and warned that the US is likely to continue imposing stricter measures if diplomacy fails.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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