Washington Edition

Trump Confronting Economic Stresses From War With Iran

If the economy falters, political pressure on the president will build.
Oil tankers and ships line up in the Strait of Hormuz.Photographer: Altaf Qadri/AP Photo

I’m Nancy Cook, Bloomberg’s senior national political correspondent, and each weekday I’ll be coming to you with inside-the-room reporting and insights that reveal what’s really happening in Washington—and how it impacts you. Email me with feedback and comments here. If this newsletter was forwarded to you sign up here.

President Donald Trump seems torn between two familiar — and sometimes conflicting — impulses on Iran: taking bold action to remake the global order and keeping the US economy and financial markets humming.