'2 weeks, 2 years': Trump says US can bomb Iran for years, then warns of another Great Depression

President Trump warned that the administration was ready to resume bombing if upcoming negotiations in Switzerland failed
President Donald Trump speaks during a news conference at the G7 summit, Wednesday, June 17, 2026, in Evian-les-Bains, France (AP Photo/Julia Demaree Nikhinson)
President Donald Trump speaks during a news conference at the G7 summit, Wednesday, June 17, 2026, in Evian-les-Bains, France (AP Photo/Julia Demaree Nikhinson)

ÉVIAN-LES-BAINS, FRANCE: President Donald J Trump delivered a striking, dual-track defense of his newly announced Middle East ceasefire framework at the close of the 52nd G7 summit, asserting that while the United States possessed the unyielding military leverage to drop bombs on Iran for up to two more years, he chose diplomacy to insulate the global financial system from a catastrophic, 1929-style depression.

Speaking during a high-stakes press conference in the alpine resort town of Évian-les-Bains, Trump attempted to reframe the unreleased treaty text as both an absolute military triumph and a necessary intervention to protect domestic stock markets.

The remarkable juxtaposition highlights an aggressive messaging strategy by the White House to appease congressional defense hawks while justifying the extensive sanctions relief granted to Tehran.



The conflict, which ignited following pre-emptive strikes on February 28, rapidly triggered severe energy volatility, sending global crude prices skyrocketing and threatening a profound inflationary crisis.

Trump argued that while his tactical commanders were fully prepared to sustain an open-ended bombing campaign to systematically dismantle the remainder of Iran's infrastructure, extending the naval war risked causing a systemic corporate meltdown that would have entirely erased domestic industrial gains.

Executive claims unlimited aerial combat endurance



"If we didn’t do this deal, we could have dropped more bombs for another three weeks, two weeks, four weeks, two years," Trump told reporters, emphasizing that Washington held a position of total military dominance at the bargaining table.

The president directly linked this crushing aerial pressure to the creation of the 60-day preliminary memorandum of understanding, which mandates the toll-free reopening of the blockaded Strait of Hormuz.

Trump warned that the administration retains total readiness to resume its intensive bombing campaign should the upcoming technical negotiations in Switzerland collapse.

Referencing an earlier bilateral session with Indian Prime Minister Narendra Modi, Trump reiterated that the United States will go right back to dropping bombs right smack in the middle of their head if the regime misbehaves or breaches its non-proliferation commitments.

Historical economic comparison drives treaty completion



Shifting directly to global commerce, the president adopted a surprisingly cautious financial tone, admitting that his primary administrative objective was preventing a severe domestic market catastrophe.

Trump revealed that he has studied past executives extensively and deliberately structured the current peace framework to avoid replicating the devastating policy errors of the early twentieth century.

"The one president I did not want to be was the late, great Herbert Hoover," Trump asserted, claiming that the 31st president directly accelerated the 1929 stock market crash by raising corporate taxes and tightening interest rates too fast, all at the same time.

Rather than allowing his administration to be defined by a prolonged war that could trigger an identical economic depression, Trump chose to capitalize on the market's positive reactions to the peace talks.

Financial markets validate executive diplomatic strategy



The president concluded by declaring that the financial sector had consistently validated his transactional approach to foreign policy, describing the stock market as far more brilliant than any conventional political analyst.

Trump noted that every single time backchannel negotiators signaled that the United States was going to settle the conflict, the indices shot up like a rocket ship, whereas rumors of prolonged military friction caused massive, immediate drop-offs.

By prioritizing industrial market stability and scheduling an executive press conference to fully unveil the treaty's text, the White House is betting that the promise of economic insulation will successfully neutralize bipartisan domestic pushback before the formal Friday signing ceremony commences.

RELATED TOPICS US STRIKES IRAN

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

Trump rejected claims that November's midterm elections influenced his approach to the conflict, saying they had 'nothing to do' with his thinking
1 day ago
A Wall Street Journal report says Iran used the diplomatic window to strengthen the IRGC, rebuild weapons capacity and prepare for wider conflict
1 day ago
Donald Trump cited cost, diplomacy with Kim Jong Un and Seoul’s Iran stance as the Pentagon reduced US participation in annual military drills
1 day ago
Iranian Army chief Amir Hatami said the reward was created after a surge in requests from Iranians seeking to join the conflict
1 day ago
Kazem Gharibabadi said Tehran would decide when the strategic waterway opens or closes, rejecting Washington’s claim of control
3 days ago
Iran said the United States must pledge never to threaten Tehran again and permanently end its war with Iran and its regional allies
Aug 9, 2026
Kazem Gharibabadi said negotiations were essential as inflation hit 88.6% and Iran’s oil exports faced mounting disruption
Aug 9, 2026
Iran said the Strait of Hormuz would remain closed until the US ended military action, lifted sanctions, and withdrew its forces
Aug 8, 2026
Reza Valizadeh also revealed that Iranian authorities have prevented his family from visiting him for five months, which he believes is punishment
Aug 8, 2026
Ron Dermer served as Israel’s ambassador to the US from 2013 to 2021 and later worked as Benjamin Netanyahu’s strategic affairs minister
Aug 8, 2026