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Ongoing Story· Day 12

Trump's Foreign Policy Becomes a Midterm Liability as Costs Rise

4 developments

YnetPolitics

Trump Defends Iran War, Calls Vance Right on Midterm Loss

Translated & summarized from Ynet by baba

CenterNeutral tone

Hebrew · 3 newsrooms covering

President Donald Trump affirmed Vice President J.D. Vance's assertion that the war in Iran contributed to Republican midterm election losses, but defended the conflict as necessary to prevent Iran from obtaining nuclear weapons. Vance had cited the war and U.S. relations with Israel as key factors in the defeat, based on pollster insights. The war's impact on oil prices was also discussed, with prices falling significantly after Vance's statement. Meanwhile, Wall Street surged while the Tel Aviv Stock Exchange declined.

The story in 5 lines · by baba

  • President Trump stated the war in Iran was "worth it" despite contributing to Republican midterm losses.
  • Vice President J.D. Vance identified the Iran war and U.S. relations with Israel as key to the GOP's midterm defeat.
  • Trump defended the Iran conflict as the only solution to prevent the nation from acquiring nuclear weapons.
  • Oil prices dropped significantly following Vance's comments and the midterm election results.
  • Wall Street indices surged while the Tel Aviv Stock Exchange experienced sharp declines.

President Donald Trump stated on Wednesday that his Vice President, J.D. Vance, was correct in attributing Republican losses in the midterm elections to the war in Iran, but added that "it was worth it." Trump explained that while the conflict may have caused a short-term rise in fuel prices, he would make the same decision again because it is the "only solution" to prevent Iran from acquiring nuclear weapons. He reiterated that there was "no choice" but to act, emphasizing the existential threat posed by a nuclear-armed Iran.

When asked about the midterm election results, Trump suggested he could work with Democrats unless they acted "destructively," asserting the Republican veto power. He also commented on Vance's tweet, stating he knew Vance's feelings and found the post "fine and good."

Earlier, J.D. Vance had posted on X that the primary reason for the Republican midterm defeat was the war in Iran, also citing U.S. relations with Israel as a factor driving voters to the Democrats. Vance based this conclusion on conversations with a pollster who predicted the losses, noting that angry voters who supported Trump in 2024 were considering voting Democrat. According to Vance, the top four reasons cited by these voters for potentially returning to the Republican party were ending the war in Iran, focusing on the cost of living, prioritizing "America First," and changing U.S. relations with Israel.

Donald Trump Jr., who opposes the war in Iran, shared Vance's tweet, agreeing with it "100%."

Following Vance's statement and the midterm election results, oil prices saw dramatic drops, with Brent crude trading around $94 per barrel and WTI around $88. Wall Street indices surged, while the Tel Aviv Stock Exchange experienced sharp declines.

YnetCentre · Rishon LeZion

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