On Iran, Trump executes his most spectacular U-turn yetSince returning to power last year, US President Donald Trump has openly embraced governing 'by instinct'WASHINGTON (UNITED STATES) - International markets and the world at large have grown used to US President Donald Trump's abrupt reversals, but Monday's about-face on Iran was one of his most spectacular yet. Since returning to power last year, Trump has openly embraced governing "by instinct." On Monday, oil prices plunged and stocks surged after Trump announced on his Truth Social platform that the United States had held talks with Iran about ending the conflict. "My whole life has been a negotiation, but with Iran we've been negotiating for a long time," he said. Other examples include Trump backing down from threats on the United States taking over Greenland, or those directed at Federal Reserve Chairman Jerome Powell over US interest rates.

Source: Bangkok Post March 23, 2026 23:24 UTC