President Trump: We're going to end up with a 'great deal' with Iran
Speakers
Donald Trump
— President of the United States
Summary
President Donald Trump joins Squawk Box to discuss the latest on U.S.-Iran negotiations, expressing confidence in reaching a 'great deal'. He highlights the success of the Strait of Hormuz blockade and details military actions that have weakened Iran. Trump also emphasizes the strength and buildup of the U.S. military under his administration.
- Trump expects a 'great deal' with Iran in ongoing negotiations.
- He claims the U.S. controls the Strait of Hormuz and the blockade is a success.
- Trump details military achievements, including taking out Iran's navy, air force, and leaders.
- He emphasizes the buildup and power of the U.S. military during his first term.
- The interview touches on humanitarian concerns in Iran and regime behavior.
- Trump mentions a ship from China carrying items to Iran, expressing surprise.
- He indicates readiness to resume bombing if no progress in talks.
- The discussion implies impacts on oil markets and global stability.
Trade Ideas
Strait blockade supports oil prices.
The U.S. controls the Strait of Hormuz and the blockade is a tremendous success, which will keep the strait closed until a final deal is reached, potentially supporting oil prices due to constrained supply and geopolitical risk.
Military buildup supports defense sector.
He built up the U.S. military during his first term, and it is now incredibly powerful and well-stocked, implying sustained defense spending and strength, which benefits the defense industry and related sectors.
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This CNBC video, published April 21, 2026, features Donald Trump discussing WTI, ITA. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Donald Trump · Tickers: WTI, ITA