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Why did Trump suddenly call a halt?
Thirty-two days after the start of the war, Trump suddenly said, "We’re about to negotiate peace."
That sounds a bit familiar—he said the same thing on the first day of the war.
But this time, it’s different.
Because numbers don’t lie.
A set of numbers that make the White House uneasy
First, look at the polls.
A joint survey by Reuters and Ipsos released on March 24th shows these figures:
Overall approval rating: 36%—the lowest since he returned to the White House
Economic satisfaction: 29%—the worst in both terms, even lower than during Biden’s worst days
Support for the Iran war: 35%—61% of Americans say "I don’t support"
Cost of living approval: 25%—a core promise of Trump’s 2024 campaign
Numbers are cold, but behind them is the real temperature of public opinion.
Since the war began, Americans’ expressions at gas stations about oil prices are probably as tense as watching a stock market crash.
More troubling for the White House: the financial ledger
War costs money.
How much exactly? Cross-referencing several data points:
Think tank CSIS estimates about $900 million per day
The Pentagon admits: nearly $1 billion daily
Democratic lawmakers reveal: $11.3 billion spent in the six days before the war
Latest Pentagon budget request: over $200 billion
Let’s do some simple math:
32 days × $900 million per day ≈ about $288 billion
What’s that concept?
A Ford-class nuclear-powered aircraft carrier costs about $130 billion.
So, after 32 days of fighting, they’ve burned through more than two carriers.
And that’s just direct military expenses—no accounting for veteran benefits, debt interest, or the "stability costs" that could last indefinitely.
Trump’s ledger: why he must call a halt
Businesspeople understand the importance of cutting losses.
Trump is a businessman. He’s calculated this war’s costs clearly.
What are the benefits of fighting?
Destroying some Iranian nuclear facilities—considered a partial success. But reports say Iran has already transferred some of its enriched uranium equipment—bombed but not completely destroyed.
What are the costs?
Spending $100 million daily, rising inflation at home, Republican lawmakers starting to frown during midterms, oil prices soaring to the point drivers are cursing…
It’s a losing business.
So, calling a halt isn’t because Trump suddenly became a peace advocate, but because:
Costs have exceeded benefits, and it’s time to cut losses.
April 6th: what might happen?
The ball is now in Iran’s court.
U.S. conditions: halt nuclear program, accept inspections, reduce regional influence.
Iran’s conditions: lift sanctions, guarantee regime security, compensate for war damages.
Their core demands don’t overlap at all.
So, the most likely outcomes are:
First (55% probability): Partial ceasefire
U.S. pauses airstrikes, Iran reduces counterattacks, both sides announce "significant progress in negotiations"—but the agreement is incomplete, issues unresolved, just a cooling-off.
Second (25% probability): Downgrade but no agreement
U.S. reduces involvement, Israel continues solo strikes. Trump can say "We won" externally, and internally, "I didn’t send ground troops."
Third (15% probability): Israel strikes alone
U.S. withdraws main forces, but Israel doesn’t stop. This is Israel’s best option—someone helps bomb for a while, Iran is weakened, and they haven’t exhausted their budget.
Fourth (5% probability): Full ceasefire
Impossible unless internal upheaval occurs within Iran.
A piece of geopolitical economic common sense
Great powers fighting small countries rely on resource dominance.
But when great powers fight each other, it’s about who can withstand internal political pressure first.
Can the U.S. beat Iran? Technically, yes.
But domestic public patience has a time window. When oil prices hit a certain critical point, Trump’s approval rating won’t just be a matter of 36%. It could threaten his 2028 nomination.
So, what’s really being negotiated at the table isn’t just a nuclear deal, but the internal political cost line of the U.S.
Some market judgments
Not strict predictions, just for reference:
Crude oil: $100 is the bottom; after an agreement, it could quickly fall back to $85–$90, but the risk premium on the Strait of Hormuz will persist long-term.
Gold: Remains high before April 6; after an agreement, there will be a phased correction, but if Iran’s issues aren’t resolved, there’s still hope later in the year.
U.S. stocks: The short-term opportunity in energy stocks has passed; defensive sectors and gold stocks are worth watching.
In conclusion
Trump is a "real person."
On the first day of the war, he said, "I will be very good at war," and after thirty-two days, he said, "We’re about to negotiate peace."
There’s no personality split here—just a businessman realizing the costs are too high, and reacting normally.
War is an extension of politics; politics is a reflection of domestic public opinion.
When approval ratings drop to 36%, even the toughest strongman has to start doing the math.
That’s probably why, on April 6th, it might really be a turning point.