00:00Sherry, President Trump says the U.S. would leave Iran within two to three weeks, suggesting his military goals have
00:04been largely accomplished.
00:06He says while a deal with Taiwan is still possible, it's not necessary to end the war.
00:11I had one goal. They will have no nuclear weapon. And that goal has been attained.
00:16They will not have nuclear weapons. But we're finishing the job.
00:20And I think within maybe two weeks, maybe a couple of days longer to do the job.
00:26But we want to knock out every single thing they have.
00:29Now, it's possible that we'll make a deal before that.
00:35Let's bring up Bloomberg Politics editor Laura Davison, our Washington and White House correspondent, Jeff Mason.
00:40Jeff, let me start off with you. What did we really hear from the president here?
00:44And what's the tone of kind of, I guess, the context of this latest strategic shift?
00:50Well, what we heard of the time frame. And that's the question that we've been wanting to know for a
00:54long time.
00:55I was in the Oval Office for that back and forth with the president just a little over an hour
00:59ago now and asked him if he when he said two to three weeks,
01:03if he meant that's when the U.S. is going to be done with the war.
01:07And he said yes. I do think it's a really important piece of context to say that the president often
01:12will throw out timelines that end up changing.
01:15And that applies to things in foreign policy. It applies to domestic policy.
01:19It applies to a lot of things. So just keep that in mind in terms of context.
01:24But the broad answer to your question is we've been wanting to know basically what the what the end game
01:31is in Iran.
01:32And today he said the end game will be in that time frame.
01:37And Jeff, we have heard from the president as well, really calling on allies to step in when it comes
01:41to the Strait of Hormuz.
01:42Any more indications of where we stand there and where we could go in terms of other world leaders also
01:49joining in trying to end this war?
01:52Well, he has been very critical of a number of U.S. allies, including the U.K., for not helping
01:59more to open up the Strait of Hormuz.
02:01And in the Oval Office today, he basically said, I don't care anymore and it's your problem.
02:07And when we leave, if France needs to get oil, they can handle that themselves.
02:11And that was one of the countries that he mentioned how that actually will work in practice is another question.
02:17And the political ramifications of that for him are not minor.
02:22Certainly, the markets are very happy to see a time frame for this war to end and for oil prices
02:28to to settle down a little bit.
02:29But if the Strait of Hormuz remains closed, even if the war is over, that's going to have ramifications that
02:36are major for U.S. allies and for the United States,
02:40even if it's true that the U.S. doesn't rely on it as much as some other countries in the
02:44world do.
02:46And Laura, of course, the issue so far has been that the president continues to reiterate that the conflict will
02:52end soon.
02:53But at the same time, we haven't necessarily seen any signs of compromise coming from Iran.
02:57Do we have a little bit more positivity now that the Iran state media seems to be indicating the willingness
03:03to end the war from the president himself?
03:07Yes, Iranian officials have suggested that they are open to an end of the war, but they've reiterated their five
03:13asks.
03:13Three of those are essentially related to the ending of hostilities, both in Iran against proxy groups and also a
03:20pledge that there will be no more attacks from the U.S. or Israel in the future.
03:24It's unclear if Israel, however, is on board with this plan.
03:27Trump had initially indicated that he would do everything in concert with Netanyahu.
03:32It's not clear that's happening now.
03:33The other two asks are a little bit interesting.
03:36One is for reparations.
03:37That seems far-fetched that Iran would be able to get money from the U.S. and Israel to repair
03:42damages from the war.
03:43But the other key piece that they're asking for is recognition of their authority over the Strait of Hormuz.
03:49Iran has a little bit of leverage there.
03:51They are effectively controlling the strait now.
03:53And if this war were to end, or at least there were to be some sort of cessation, ceasefire of
03:57hostilities, that is a card they can use and some leverage they can to try to get an outcome that
04:04they're looking for.
04:05They can agree to give up a little bit of authority there to get something else on the other side.
04:08So Iran goes into this potential end to the war with not everything that they want to get, but the
04:14ability to at least secure some wins out of this.
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