US President Donald Trump said he would have a "long talk" about Iran with Chinese President Xi Jinping but said trade would be a bigger focus. As he left for the summit, Trump again threatened Iran if its leaders don't reach an agreement on its nuclear program.
While, US Defence Secretary Pete Hegseth told members of Congress Tuesday that the military has plenty of bombs and missiles despite concerns about its stockpiles. He also maintained that the US is in control of the Strait of Hormuz, even as Iranian attacks — and threats — have disrupted the shipment of oil and other products through the vital waterway.
About waiving sanctions on Russian oil, President Trump said "we are going to whatever is necessary" and the war "will not be long." He said oil prices and inflation will drop once “hundreds of ships” with oil are released, citing a "gush of oil." Trump claimed inflation is already “much lower than it was under Biden," who he said had “the highest inflation in the history of our country," and said current inflation is short-term. He added the US is seeing “the golden age of America” and the stock market is at historic highs.