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Trump asserts control over Iran war timeline as costs hit $47 billion

The President claimed sole authority to end the conflict while admitting a final agreement is needed to prevent a nuclear Iran.

By Hassan Bello ·

Illustration for: Trump asserts control over Iran war timeline as costs hit $47 billion
Illustration generated for this article, not a news photograph.

President Donald Trump told supporters in Lubbock, Texas, that the war with Iran will conclude on his terms. He stated directly that the conflict will end whenever he decides, asserting personal control over the timeline of the ongoing military engagement.

Trump emphasized that while the end could be quick, it requires a proper conclusion. He specified that this includes a total statement ensuring Iran never possesses a nuclear weapon. The President indicated he is preparing to decide whether to negotiate a deal or finish the war off completely.

The conflict has reached a cost of $47 billion, according to an estimate from U.S. Central Command released on October 16. This figure represents a $3 billion increase over previous calculations. A large portion of that total went toward replacing munitions, with that specific line item totaling $29 million.

The spending has created shortages in U.S. ammunition stocks. This development contrasts with Trump’s September 3 claim that the United States held virtually unlimited amounts of ammunition. The $47 billion total does not yet account for $184 million in damage to U.S. diplomatic facilities in Iraq, Kuwait, Saudi Arabia, and the United Arab Emirates, as detailed in an inspector general report to Congress.

The rising costs have affected households across the country. Mark Zandi, chief economist at Moody’s Analytics, calculated on October 12 that the war costs American families an average of $2,000. That amount breaks down to $1,100 in higher energy costs, $540 from increased interest rates, and $360 due to military spending.

These financial pressures coincide with a drop in Trump’s approval ratings. A Reuters/Ipsos poll conducted on Monday shows his approval standing at 32 percent. The survey reflects concerns over energy costs and affordability as voters approach the midterm elections scheduled for November 3. The President acknowledged these poll numbers are near a record low.

Military preparations continue in parallel with political maneuvering. The New York Times reported that U.S. and Israeli forces have drafted plans for a short but intensive series of strikes on Iran following the elections. Earlier in October, the U.S. evacuated diplomats from Saudi Arabia as part of broader strategic adjustments.

Source: CNBC

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