With no friends left to burn, Trump is running out of diplomatic ammunition | Rafael Behr

The US diplomatic efforts under Donald Trump's presidency are facing significant challenges as his relationships with key international partners have deteriorated. This is evident in the ongoing tensions with Iran, which have been marked by a series of failed diplomatic attempts and escalating military threats. The consequences of this situation are significant for global markets, as a breakdown in US diplomatic efforts can lead to increased uncertainty and volatility in international trade and relations.

Why it matters

The US Iran policy has been seen as a strategic disaster. This could lead to a decrease in investor confidence in the US administration's ability to handle international relations.

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