In his recent statements, US President Donald Trump made noteworthy assessments regarding the economy, energy policies, and global geopolitical developments. Pointing to the inflation data for the past three months, Trump argued that his policies were working and stated that inflation in the country was a “short-term” phase.
On the energy front, Trump stated that the US would experience a massive increase in oil production, describing it as “a veritable gush of oil.” He also sent positive messages regarding economic relations with China, expressing his belief that a very large volume of trade would take place with China in the future and that relations between the two countries would remain strong for decades to come.
Touching upon the geopolitical agenda, Trump said he believed the Russia-Ukraine war would end very soon. Arguing that a compromise would be reached between the parties, Trump stated that no agreement had been made with Russian President Vladimir Putin regarding the Donbas region being ceded to Russia.
Regarding Iran, Trump made strong statements, saying that the Tehran regime would either “do the right thing” or the US would “finish the job.” Trump also stated that they did not need China’s help on the Iran issue.
*This is not investment advice.