Trump Eases Armed Conflict Anxiety, Prefers to Use Economic Pressure on Iran

President Donald Trump on Friday said he was in “no hurry” to attack Iran, one day after he abruptly called off missile strikes against the country.

In a series of tweets, the president wrote that he called off the strike ten minutes before it was scheduled to happen because he believed the attack would have been disproportionate to Iran’s downing of an American surveillance drone.

“We were cocked & loaded to retaliate last night on 3 different sights when I asked, how many will die,” Trump wrote. “150 people, sir, was the answer from a General. 10 minutes before the strike I stopped it, not […] proportionate to shooting down an unmanned drone. I am in no hurry, our Military is rebuilt, new, and ready to go, by far the best in the world.”

Via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza