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Trump Says Trade Not Iran Will Be Priority in Summit With Xi (Q&A), Sonic AI
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Trump Says Trade Not Iran Will Be Priority in Summit With Xi (Q&A)
Bloomberg Podcasts
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May 12, 2026
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17:26
Interview
Trump Says Trade Not Iran Will Be Priority in Summit With Xi (Q&A)
Donald Trump
(President of the United States, guest)
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Executive Summary
The speaker, Donald Trump, asserts that the US has militarily decimated Iran, with its navy and air force 'wiped out,' framing the primary policy goal as preventing Iran from obtaining a nuclear weapon at all costs.
He projects extreme confidence in the US economy, claiming the stock market is at an all-time high and predicting that once the Iran conflict ends, inflation will drop to 1.5% and the market will 'go through the roof,' ushering in a 'golden age.' The speaker outlines a transactional and unilateralist foreign policy, expressing disdain for NATO ('we don't need NATO') while emphasizing direct relationships with leaders of China and Russia to resolve global issues like the war in Ukraine.
Energy policy is highlighted as a key economic driver, with advice for the UK to increase North Sea oil production and criticism of wind energy, alongside claims of a Venezuelan economic boom due to US oil company operations.
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Iran Conflict and Nuclear Non-Proliferation
Economic Optimism Amidst Conflict
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Processed May 12, 2026
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