- Oil prices jumped and stocks fell after Trump’s message injected a note of uncertainty back into a market that was acting as if the war in Iran was all but over.
Driving the news: “We don’t need a deal with Iran. Those days are long gone,” Trump wrote on Truth Social.
- Also on Truth Social Thursday, he threatened new tariffs on Mexico and criticized Republican senators for not passing the Save America ACT — adding that failing to do so was “devastating” for Republicans in the midterms.
- He said he asked Vance to “focus all his attention” on so-called “corruption and crime” in Democratic-led cities and states, citing Minnesota, California and Illinois.
Vance presided Trump’s task force to eliminate fraud since the president created it by executive order earlier this year.
- Throughout the first half of his administration and the federal crackdown on American cities, Trump repeatedly portrayed blue zones as hotbeds of crime and corruption, even when statistics did not necessarily support those arguments.
Catch up quickly: Vance has recently been heavily involved in efforts to reach a new ceasefire with Iran and resume nuclear negotiations, Axios’ Barak Ravid reported.
- Vance was a skeptical voice in Trump’s inner circle about the war, Ravid reported, and he led U.S. negotiating delegations after the war began.
- Vance’s office and the White House did not immediately respond to Axios’ request for comment.
Between the lines: Vance offered a surprisingly frank assessment of the midterm bombings, writing in an X article last week that “the reason we lost was the war.” »
- He continued: “If you want to argue that it was worth it, that losing the Senate for the next 6 years was worth it, then do it. Make the case that it was worth paying for. Agree or disagree, that’s at least honest.”
- “But everyone knows why we lost.”
What we’re looking at: Secretary of State Marco Rubio met with his G7 counterparts in Paris on Tuesday, where he said Trump had considered resuming war or striking a deal but decided instead to strangle the Iranian regime, Axios previously reported.
- Rubio has expressed skepticism about a diplomatic breakthrough — and Trump’s message indicates the door is closed, for now.
Editor’s note: The story has been updated with additional information.
Go further: Trump: further attacks on Iran ‘fairly unlikely’
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