Trump made the stunning brush-off statement as he departed the White House for Beijing, where he will be feted by Chinese leader Xi Jinping at a state visit, including a lavish Thursday night banquet at the Great Hall of the People. <\/p>\n
Asked about the continuing pocketbook pressures faced by everyday consumers<\/a> as a result of the war he started more than two months ago, Trump told reporters: “I don’t think about American financial situation \u2014 I don’t think about anybody. I think about one thing: We cannot let Iran<\/a> have a nuclear weapon.”<\/p>\n The president\u2019s blunt comments came just hours after the Labor Department released inflation<\/a> data showing the Consumer Price Index<\/a> spiking 3.8 percent from the same point last year, including a .06 percent jump last month in the CPI. Gasoline prices, meanwhile, surged by a whopping 5.4 percent last month alone as the ongoing standoff between the U.S. and Iran has blocked the waterway through which a fifth of the world\u2019s oil supply transits each year. <\/p>\n His remarks also came just hours after the release of a new survey showing Americans overwhelmingly blame the president for the record-high gas prices and rising mortgage rates and food costs that have followed.<\/p>\n According to a CNN\/SSRS poll, some 77 percent of respondents said Trump\u2019s policies have driven the cost of living up, with most people blaming his decision to go to war with Iran and the implementation of tariffs as the driving factors. <\/a><\/p>\n Trump became irate when pressed by reporters on whether his policies have done anything to fulfill his campaign promise to lower prices that consumers had blamed on the Biden administration when they voted to return him to the presidency for a second, non-consecutive term in 2024. <\/p>\n He claimed his administration\u2019s efforts are \u201cworking incredibly\u201d because inflation had cooled to roughly 1.7 percent before he elected to start a war against Iran and ignore longstanding concerns that Tehran would react by closing down the Strait of Hormuz and thereby crippling the global economy. <\/p>\n At the same time, he suggested that anyone who is concerned about Americans\u2019 economic conditions wants Iran to acquire nuclear weapons while also claiming that the economy is in good shape because stocks are high.<\/p>\n \u201cAnybody that wants them to have a nuclear weapon is a stupid person. So we said we’re going to take the greatest stock market in history and we’re going to go down a little bit. And actually that turned out to be incorrect, because our stock market is now at the highest point in history, which frankly, surprised a lot of people,\u201d he said. <\/p>\n Continuing, Trump said the end of the war would \u201cnot be long\u201d and claimed that oil prices would go bottom out once the impasse over the Strat of Hormuz is resolved as a result.<\/p>\n \u201cWe’re going to do whatever is necessary. And as soon as this war is over, which will not be long, you’re going to see oil prices drop, and you’re going to see a stock market, which is already at the highest point in history, go through the roof. You’re going to see the golden age of America, frankly, and you’re seeing it now,\u201d he said.<\/p>\n Trump ran on a campaign promising economic prosperity<\/a> for the average American, claiming he would end inflation, lower energy prices and cut the cost of everyday items, such as groceries. <\/p>\n While the president was able to keep some of those promises in his first year in office, his decision to go to war with Iran in February has had tangible economic consequences for the average American.<\/a><\/p>\n As of May 12,<\/a> AAA determined the nationwide average cost of a gallon of regular fuel was $4.50 \u2013 up from $3.13 one year ago. The Consumer Price Index<\/a>, which acts as a key measure of inflation, found that consumer prices continued to increase in April \u2013 up 3.8 percent from last year.<\/p>\n General morale around the president\u2019s handling of the economy is at an all-time low, according to the CNN\/SSRS poll, with roughly 70 percent of respondents saying they disapprove of the economy under the president.<\/p>\n Yet Trump appeared convinced that everyday voters are willing to forgive economic hardship temporarily if he can manage to settle the war with Iran and curb Tehran\u2019s nuclear ambitions.<\/p>\n \u201cIf Iran has a nuclear weapon, the whole world would be in trouble because they happen to be crazy,\u201d he said. \u201cNow, if the stock market goes up or down a little bit, the American people understand.\u201d<\/p>\n Despite the president’s boasts, it does not appear that he will be able to claim to have ended the war he started anytime soon.<\/p>\n Diplomatic efforts to resolve the stalemate are at an impasse, and a top Iranian official said on Tuesday that Tehran could start enriching uranium to 90 percent purity \u2014 a weapons-grade level \u2014 if Trump resumes bombing. <\/p>\n Aides to the president said he is now more seriously considering reopening major combat operations, even as a shaky ceasefire has persisted since it was declared last month.<\/p>\n Hopes of a peace deal to end the war were dampened on Monday as Trump said the month-long ceasefire with Iran was on \u201clife support\u201d.<\/p>\n He told reporters in the Oval Office that while the ceasefire was still in place for now, it was \u201cunbelievably weak\u201d.<\/p>\n \u201cI would call it the weakest right now, after reading that piece of garbage they sent us. I didn\u2019t even finish reading it,\u201d he said. <\/p>\n With additional reporting by Ariana Baio in New York and James Reynolds in London<\/p>\n","protected":false},"excerpt":{"rendered":"Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…\n","protected":false},"author":2,"featured_media":110777,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[9872,13360,26566,394,5084,38057,34,3300,201,81,5485,1332,256,2710,35681],"class_list":["post-110776","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-american-flag","tag-color-image","tag-donald-trump-us-president","tag-government","tag-horizontal","tag-in-front-of","tag-iran","tag-journalist","tag-photography","tag-politics","tag-politics-and-government","tag-us-president","tag-usa","tag-washington-dc","tag-white-house-washington-dc"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116563496529169459","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/110776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=110776"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/110776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/110777"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=110776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=110776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=110776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"President](\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/05\/2275854793.jpg\")
President Donald Trump said Tuesday he turns a deaf ear to concerns of average Americans about the cost of living becoming unaffordable due to his war in Iran (Getty)<\/p>\n![\"\u2018I](\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/05\/2275859557.jpg\")
\u2018I don’t think about American financial situation \u2014 I don’t think about anybody,\u2019 Trump said Tuesday as newly released data from the Labor Department’s consumer price index showed that inflation rose 3.8% from April 2025. The rise in prices for fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Getty)<\/p>\n