Trump's concerns about the economic situation weaken America's leverage in negotiations with Iran.
US President Trump openly admitted that concerns over a global economic collapse were a key factor in his signing of the temporary peace memorandum between the US and Iran. This statement exposed a core weakness in the upcoming negotiations between the US and Tehran. The memorandum signed by Trump on Wednesday reopens the Strait of Hormuz and approves waivers for sanctions on Iranian oil exports. The policy had an immediate effect: international oil prices further decreased, and the US stock market rose. Trump specifically mentioned these two market changes during a press conference in France this week. "I do not want to witness an economic disaster," Trump stated at a press conference in vian, France on Thursday. "If the conflict continues to escalate, an economic disaster is entirely possible."
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