{"id":6210,"date":"2026-05-14T21:49:52","date_gmt":"2026-05-15T04:49:52","guid":{"rendered":"https:\/\/abovecloud.xyz\/?p=6210"},"modified":"2026-05-14T21:50:06","modified_gmt":"2026-05-15T04:50:06","slug":"i-dont-think-about-americans-financial-situation-says-trump-amid-iran-talks","status":"publish","type":"post","link":"https:\/\/abovecloud.xyz\/?p=6210","title":{"rendered":"\u2018I don\u2019t think about Americans\u2019 financial situation,\u2019 says Trump amid Iran talks"},"content":{"rendered":"\n

With US inflation at a three-year high, US president insisted he\u2019s not focused on economic hardship sparked by the conflict<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n



Donald Trump<\/a>\u00a0has said the growing financial pressure inflicted on Americans by the war on Iran is \u201cnot even a little bit\u201d motivating him to make a peace deal with Tehran.<\/p>\n\n\n\n

With\u00a0US inflation at a three-year high<\/a>, and fuel costs still climbing after a sharp rise in oil prices, the US president said on Tuesday that he is not focused on the economic hardship sparked by the conflict.

\u201cThe only thing that matters when I\u2019m talking about Iran [is] they can\u2019t have a nuclear weapon,\u201d Trump told reporters at the White House before boarding a plane to China. \u201cI don\u2019t think about Americans\u2019 financial situation. I don\u2019t think about anybody. I think about one thing: We cannot let Iran have a nuclear weapon. That\u2019s all.\u201d<\/p>\n\n\n\n

The remarks come ahead of a US midterm election campaign season which looks to be defined by mounting concerns around affordability.<\/p>\n\n\n\n

Trump was also speaking hours after official figures revealed that US prices had risen 3.8% in April<\/a> \u2013 their fastest pace since 2023 \u2013 driven largely by energy costs that have surged since the US and Israel first attacked Iran in late February.<\/p>\n\n\n\n

Gasoline now\u00a0averages over $4.50 a gallon<\/a>, according to AAA, which makes it the highest price in four years. Food prices are also up nearly 4%, electricity and utility bills have climbed and airlines have raised fares by more than 20%.

Trump\u2019s top officials have spent months struggling to explain when, or whether, such pressures will fade. Chris Wright, the US energy secretary, said in March that fuel could return to prewar levels by summer, but on Sunday he said he \u201ccan\u2019t make predictions\u201d. In April, he told CNN that prices falling below $3 a gallon \u201cmight not happen till next year\u201d.<\/p>\n\n\n\n

Trump himself, asked recently for a forecast, offered that prices could go lower, \u201cor the same, or maybe a little bit higher\u201d, by November.<\/p>\n\n\n\n

Kevin Hassett, Trump\u2019s top economic adviser, told Fox News on Sunday that relief was coming \u201crelatively quickly and certainly ahead of the election\u201d. He also claimed the president had personally assured him the \u201cwar is close to being over\u201d.

Marco Rubio, the secretary of state, took a different tack last week<\/a>, suggesting Americans should count themselves fortunate, since other countries were suffering \u201cbig time\u201d.<\/p>\n\n\n\n

The economic strain of the war has materialized across the world: inflation is also accelerating in Australia, Canada and South Korea; British households have been warned of a fresh cost-of-living crisis; and Asian manufacturers are already passing higher costs down the supply chain.<\/p>\n\n\n\n

The US, as a net oil exporter, was \u201cvery fortunate\u201d and \u201cinsulated to some degree\u201d from the worst of it, claimed Rubio.<\/p>\n\n\n\n

On Tuesday, Trump reached for the same comparison. Before the war, he said, inflation was running at 1.7%. He predicted a resolution to the war would bring a \u201cmassive drop in the price of oil\u201d and noted that the worst forecasts \u2013 $300-a-barrel crude, a stock market crash of 25% or more \u2013 had not materialized. \u201cA lot of people predicted that,\u201d he said. \u201cWell, it didn\u2019t happen.\u201d<\/p>\n\n\n\n

A University of Michigan survey from April<\/a> found consumer confidence has slid to levels last seen in 2022, when inflation soared to its highest level in a generation due to disruption wrought by Covid-19.<\/p>\n\n\n\n

Trump\u2019s recent public appearances have featured boasts about the stock market, dismissals of inflation concerns, and \u2013 on at least one occasion \u2013 an update on the rising cost of a new White House ballroom. On Tuesday he insisted his economic policies were working \u201cincredibly\u201d, and that once the war ends, Americans would see the payoff.<\/p>\n\n\n\n

\u201cWhen this war is over, oil is going to drop, the stock market is going to go through the roof, and truly, I think we\u2019re in the golden age right now,\u201d Trump said. \u201cYou\u2019re going to see a golden age like we\u2019ve ever seen before.\u201d

Reprinted from The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

With US inflation at a three-year high, US president in […]<\/p>\n","protected":false},"author":5,"featured_media":6211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[1331,1824,617],"class_list":["post-6210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-usa","tag-americans","tag-financial","tag-us"],"yoast_head":"\n\u2018I don\u2019t think about Americans\u2019 financial situation,\u2019 says Trump amid Iran talks - abovecloud<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abovecloud.xyz\/?p=6210\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018I don\u2019t think about Americans\u2019 financial situation,\u2019 says Trump amid Iran talks - 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