DID Press: The latest speech by Donald Trump regarding Iran triggered waves of economic, political, and media responses both within and outside the United States. Though brief, the speech was contradictory and controversial, immediately impacting global markets and drawing widespread criticism from politicians and analysts.
Global Market Volatility
Following Trump’s claims of lower energy prices, oil prices surged by 5%, surpassing $105 per barrel. According to the Kobeissi Letter, the S&P 500 index dropped approximately $550 billion in 25 minutes, while 10-year U.S. Treasury yields rose unexpectedly.
Cryptocurrency markets also reacted sharply, with Bitcoin and altcoins plummeting.
Field and Security Developments
Minutes after Trump mentioned the “destruction of Iran’s missile program,” Iranian missiles struck Haifa, indicating the falsehood of his statements.
Severe Criticism from U.S. Politicians
Among Democratic leaders, responses to Trump’s speech were especially severe:
- Chris Murphy described the speech as “detached from reality.”
- Chuck Schumer called it “the most disconnected and incoherent war speech.”
- Chris Van Hollen labeled Trump’s claims as “lies” and called him “dangerous.”
- Andy Kim dismissed the claim of ending war in Iran as “false.”
- Chris Coons described the speech as “verbose, unstable, and lacking a plan.”
- Seth Moulton sarcastically commented, “I’m not a child psychologist to understand Trump’s mind.”
- The Governor of California criticized Trump for “starting a war without a plan, while American citizens pay the cost.”
Media and Analyst Reactions
Analysts and journalists also expressed strong criticism:
- Richard Haass called the speech “worthless and confusing.”
- Sara Langoul described Trump’s remarks as “stupid” and warned about his “abnormal behavior.”
- Trey Moran said the speech reflected Trump’s “fatigue and frustration.”
- Bushra Sheikh remarked, “I wasted 22 minutes of my time.”
- CBS anchor: The speech contained no new content.
- CNN described it as “recycling the same old claims.”