US EditionThe economic game of chicken between Iran and the US is about to enter a dangerous new phase
The move could cut 1.8 million barrels a day from world markets and raise pressure on U.S. consumers, analysts said.
6 Articles
6 Articles
Trump is losing his 'game of chicken' with the economy
President Donald Trump is risking the economy on a "game of chicken" with Iran that is "about to enter a dangerous new phase," according to a new analysis from CNN, and for the time being, Iran is winning.In fact, according to the Tuesday report, Iran "has been winning" the game against Trump and appears poised to continue doing so, though the president appears to be betting that the U.S. economy is robust enough to withstand any damage longer t…
Analysis by David Goldman, CNN: Iran has been winning its battle of economic endurance against President Donald Trump. Trump's extraordinary blockade of the Strait of Hormuz this week demonstrates that the United States has no intention of backing down anytime soon. However, this significant new step by the United States carries substantial risk, and not just to the economy. If prolonged, the blockade could inflict serious damage on both the Ira…
Iran has so far won the economic game of “chicken” (who gives first - red) with Donald Trump, writing CNN, March.Blocada Ormuz Strâmtorí Ormuz imposed by Trump this week shows that...
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