Most United States voters say their finances have worsened since President Donald Trump returned to the White House, with less than three months to go before the November midterm elections, according to a Financial Times poll. The Focaldata poll found that 53% of registered voters felt worse off under Trump, including nearly 57% of independents and almost one-quarter of Republicans. Nearly two-thirds said the US economy was moving in the wrong direction, while just 25% said it was heading in the right direction. Read: As Iran war drags on, Americans are bracing for more chaos in Middle East, Reuters/Ipsos poll finds Voters also gave Democrats an advantage over Republicans on inflation and the cost of living, as well as jobs and the economy. Trump’s approval rating on inflation and living costs was particularly weak, with 64% disapproving, including nearly seven in 10 independents and about one-third of Republicans. Overall, 55% disapproved of Trump’s performanc...
United States President Donald Trump on Friday vowed to hit Iran hard economically, a day after Treasury Secretary Scott Bessent said that Washington would impose measures on Tehran that have "never been seen" as soon as next week. The US, United Nations and European Union have applied sanctions, implemented trade embargoes and frozen assets since the late 1970s over Iran's nuclear program, human rights violations and support for militant groups. Since the Iran war began in February, Washington has levied additional maritime, energy and financial sanctions and started a naval blockade. Read: Middle East powder keg inches closer to blast Data from the US Treasury Department's Office of Foreign Assets Control (OFAC) shows the agency has imposed sanctions on more than 1,000 people, vessels and aircraft since Trump began his second term. Recent measures have targeted Iran's shadow oil fleet; shipping insurers; entities and people ena...