Trump: "Iran's Inflation at 300%, Will Collapse If Left Alone...We Have Full Control of Their Finances"

"If Talks Break Down, Strong Retaliation Will Follow"
"Ammunition Shortage Is Biden's Fault"

AP Yonhap News

U.S. President Donald Trump suggested he will maintain his policy of pressure through economic sanctions, stating that Iran's economic situation is so severe that it will collapse on its own. Regarding concerns raised within and outside the U.S. political sphere about American ammunition shortages, he blamed the previous Joe Biden administration.

On August 11 (local time), President Trump said in an interview with Real America Voice (RAV), a conservative-leaning U.S. media outlet, "Iran is experiencing 300% inflation and its currency is virtually worthless. They cannot even pay salaries, so the military is deserting. If we just leave them alone, they will collapse." He continued, "Our strategy on Iran is to simply stay relaxed and watch how much they struggle."

President Trump asserted, "We are already completely dominating them economically. Their finances are a mess, they can't borrow money, and the huge sums of money they once had are now fully under our control. I am their banker."

President Trump's remarks came amid stalled negotiations with Iran over reopening the Strait of Hormuz. Last week, the Trump administration announced that negotiations on a reopening agreement with Iran would take place, but so far there has been no official news of a deal. Iran maintains that it has not been in contact with the United States regarding the Strait of Hormuz negotiations and is only negotiating with Oman.

President Trump also downplayed the negotiations with Iran. He stated, "We are at the stage of negotiating only halfway with them, proceeding with caution. Iran is a very cunning negotiator that agrees to some items but later claims never to have consented to them. If the negotiations ultimately break down, we will hit them very hard."

In reality, it is expected that negotiations between the United States and Iran will face difficulties for some time. On August 8, Iran demanded six preconditions for reopening the Strait of Hormuz, including full compensation for war damages, a complete lifting of frozen assets, and the withdrawal of U.S. troops. However, President Trump countered by referencing the war damage caused by Iran and in turn demanded compensation from Iran.

Meanwhile, in response to concerns about ammunition shortages raised within and outside the U.S. political scene, President Trump said, "We’re fine; we are producing ammunition like crazy," and blamed this issue on the previous Biden administration, claiming, "The former Biden government provided $300 billion worth of ammunition to Ukraine, which led to the shortage."

This content was produced with the assistance of AI translation services.