President Trump holds a wide-ranging press Q&A covering Iran negotiations, the threat of military action, immigration, energy policy, and domestic criticism of corporate profits. He suggests the UK could become wealthy by opening North Sea oil, criticizes record profits at ExxonMobil and Chevron, and dismisses wind energy as economic folly. No clear, directly tradeable investment ideas with specific securities are presented.
- Trump threatens Iran with 'last chance' talks and possible decapitation strike, while claiming Iran requested negotiations.
- He touts the opening of the Strait of Hormuz within a day and subsequent denuclearization of Iran.
- He argues UK should exploit North Sea oil to avoid bankruptcy, and that the new PM is receptive.
- He criticizes ExxonMobil and Chevron for 'too much' profit and predicts consumer prices will 'drop through the floor'.
- He says any country with windmills is a loser, dismissing wind energy economics.
- He discusses Washington DC's transformation, crime reduction, and infrastructure improvements.
- He addresses the IRS audit weaponization and a fund for people treated unfairly by government.
- Comments touch on Europe's illegal immigration and energy problems as existential threats.