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Iran impasse hardens around a $29B Pentagon plan, with the Trump–Xi summit leaving Taiwan fears in its wake

Trump told BFMTV Iran faces 'very tough times' if Pakistan-mediated talks fail, as the Pentagon priced the war at $29 billion (up $4B in two weeks) and readied a joint US-Israeli air campaign; intelligence shows Iran has restored 30 of 33 Hormuz launchpads. Speaker Mike Johnson warned high gas prices threaten GOP midterms while Russian envoy Mikhail Ulyanov and Qatar/Saudi foreign ministers urged restraint. Trump advisers separately fear Xi could move on Taiwan within five years; federal officials are scrambling for counter-drone gear before the 12 June Inglewood World Cup opener.

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Trump warns Iran of 'very tough times' as Pentagon readies $29B escalation plan

US President Donald Trump told French network BFMTV that Iran faces "very tough times, very tough times" if Pakistan-mediated talks on a 14-point Hormuz-and-uranium deal collapse, as the Pentagon prepared to reactivate a joint US-Israeli air campaign within a week. The Pentagon now puts the US war bill at $29 billion — up $4 billion from Defense Secretary Pete Hegseth's $25 billion congressional estimate two weeks ago — while classified intelligence shows Iran has restored 30 of 33 missile launchpads along the Strait of Hormuz and retains 70% of its ballistic inventory. Secretary of State Marco Rubio said Washington is pushing for a diplomatic exit because US military resources are finite.

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US President Donald Trump told French network BFMTV that Iran faces "very tough times, very tough times" if Pakistan-mediated talks on a 14-point Hormuz-and-uranium deal collapse, as the Pentagon prepared to reactivate a joint US-Israeli air campaign within a week. The Pentagon now puts the US war bill at $29 billion — up $4 billion from Defense Secretary Pete Hegseth's $25 billion congressional estimate two weeks ago — while classified intelligence shows Iran has restored 30 of 33 missile launchpads along the Strait of Hormuz and retains 70% of its ballistic inventory. Secretary of State Marco Rubio said Washington is pushing for a diplomatic exit because US military resources are finite.

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Trump advisers fear China may target Taiwan within five years after summit

Some close advisers to President Trump fear the biggest substantive result of the China summit is heightened danger that Chinese President Xi Jinping will invade Taiwan in the next five years, potentially choking off the chips used to power AI to U.S. companies. One Trump adviser said the trip signaled a much higher likelihood that Taiwan will be on the table in the next five years, adding that the chips supply chain will not be anywhere close to self-sufficiency. Trump loved the pageantry and special access Xi rolled out during the Beijing visit, but the words did not match the bonhomie.

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Some close advisers to President Trump fear the biggest substantive result of the China summit is heightened danger that Chinese President Xi Jinping will invade Taiwan in the next five years, potentially choking off the chips used to power AI to U.S. companies. One Trump adviser said the trip signaled a much higher likelihood that Taiwan will be on the table in the next five years, adding that the chips supply chain will not be anywhere close to self-sufficiency. Trump loved the pageantry and special access Xi rolled out during the Beijing visit, but the words did not match the bonhomie.

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Internal rift in Trump administration over next steps in Iran war

The Trump administration is split between Pentagon officials pushing for a military escalation plan and a rival camp favoring continued diplomacy, following President Donald Trump's failed Beijing summit with Xi Jinping. The deadlocked war has cost $29 billion in direct military expenditures and driven up US gasoline prices, threatening Trump's approval ratings ahead of November mid-term elections. Defense Secretary Pete Hegseth has finalized an escalation plan including reactivating the joint US-Israeli air campaign, a special forces raid on Isfahan, and an amphibious assault on Kharg Island.

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The Trump administration is split between Pentagon officials pushing for a military escalation plan and a rival camp favoring continued diplomacy, following President Donald Trump's failed Beijing summit with Xi Jinping. The deadlocked war has cost $29 billion in direct military expenditures and driven up US gasoline prices, threatening Trump's approval ratings ahead of November mid-term elections. Defense Secretary Pete Hegseth has finalized an escalation plan including reactivating the joint US-Israeli air campaign, a special forces raid on Isfahan, and an amphibious assault on Kharg Island.

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US officials scramble to prepare for drone threats at World Cup sites weeks before games begin

Federal and local officials are scrambling to prepare for potential drone threats at World Cup sites across the U.S., weeks before the first game on June 12 in Inglewood, California. A shortage of counter-drone equipment, a 76-day Homeland Security budget standoff that ended April 30, and new authorities under the Safer Skies Act that are still being implemented have compounded security gaps. Secret Service Director Sean Curran said the Los Angeles area is “not ready for drone detection and mitigation,” though local officials dispute that assertion.

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Federal and local officials are scrambling to prepare for potential drone threats at World Cup sites across the U.S., weeks before the first game on June 12 in Inglewood, California. A shortage of counter-drone equipment, a 76-day Homeland Security budget standoff that ended April 30, and new authorities under the Safer Skies Act that are still being implemented have compounded security gaps. Secret Service Director Sean Curran said the Los Angeles area is “not ready for drone detection and mitigation,” though local officials dispute that assertion.

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Morning Briefing: Trump on Iran nuclear talks, Iraq PM assumes office, Nakba protests across Europe

This morning briefing covers multiple significant developments: US President Trump says Iran has an 'interest in reaching an agreement' on its nuclear program; Iraq's new Prime Minister Ali al-Zaidi officially assumes office; tens of thousands protest across Europe for the Nakba anniversary; MIT dismantles an espionage network in Turkey; Putin simplifies citizenship for Transnistria residents and will visit China; US energy chief says Strait of Hormuz could reopen by end of summer; UAE confirms OPEC withdrawal was not political; and China and the US agree to reduce tariffs on certain products.

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This morning briefing covers multiple significant developments: US President Trump says Iran has an 'interest in reaching an agreement' on its nuclear program; Iraq's new Prime Minister Ali al-Zaidi officially assumes office; tens of thousands protest across Europe for the Nakba anniversary; MIT dismantles an espionage network in Turkey; Putin simplifies citizenship for Transnistria residents and will visit China; US energy chief says Strait of Hormuz could reopen by end of summer; UAE confirms OPEC withdrawal was not political; and China and the US agree to reduce tariffs on certain products.

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Russian envoy warns US and Israel against renewed strikes on Iran

Russian envoy Mikhail Ulyanov criticized reports that the US and Israel are preparing possible renewed military strikes on Iran, warning that such action would show they have not learned from past strategic mistakes. The New York Times reported that President Trump has not made a final decision but that multiple military options have been discussed, while US Secretary of War Pete Hegseth said Washington has plans to escalate if necessary.

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Russian envoy Mikhail Ulyanov criticized reports that the US and Israel are preparing possible renewed military strikes on Iran, warning that such action would show they have not learned from past strategic mistakes. The New York Times reported that President Trump has not made a final decision but that multiple military options have been discussed, while US Secretary of War Pete Hegseth said Washington has plans to escalate if necessary.

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Former US lawmaker proposes three priorities to regain leverage in Iran war

Background: The US-Israeli war against Iran has entered its third month with no end in sight, characterized by an indefinite impasse, no good deal possible, Washington losing the initiative, Israel's complicating role, and Iran's asymmetric advantage in defining victory as regime survival. Today: Former Congresswoman Jane Harman published an op-ed arguing the US is losing the war with Iran after 37 days of airstrikes, with the Strait of Hormuz now under Iranian control. She proposed three priorities: building an international coalition to reopen the Strait, reviving arms control to prevent a nuclear arms race, and expanding the Abraham Accords to include Saudi Arabia contingent on progress toward a Palestinian state. The piece calls for congressional engagement to push the administration toward a more constructive international posture.

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Background: The US-Israeli war against Iran has entered its third month with no end in sight, characterized by an indefinite impasse, no good deal possible, Washington losing the initiative, Israel's complicating role, and Iran's asymmetric advantage in defining victory as regime survival. Today: Former Congresswoman Jane Harman published an op-ed arguing the US is losing the war with Iran after 37 days of airstrikes, with the Strait of Hormuz now under Iranian control. She proposed three priorities: building an international coalition to reopen the Strait, reviving arms control to prevent a nuclear arms race, and expanding the Abraham Accords to include Saudi Arabia contingent on progress toward a Palestinian state. The piece calls for congressional engagement to push the administration toward a more constructive international posture.

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Johnson warns high gas prices threaten GOP midterm prospects, expects Strait of Hormuz to reopen by summer

House Speaker Mike Johnson had previously acknowledged that the Iran conflict and Strait of Hormuz closure dampened Republican affordability efforts. In a Fox News Sunday interview, he warned that high gas prices, driven by the Strait of Hormuz closure, threaten GOP midterm prospects, argued that once the strait reopens the party will refocus on kitchen-table issues, and noted that Energy Secretary Chris Wright expects the strait to reopen by summer. Johnson acknowledged that the conflict has put a 'little damper' on GOP messaging on affordability. The national gas price average is about $4.50. The House holds a 217-212 majority. Trump has floated suspending the federal gas tax, which some GOP lawmakers back, but Democrats oppose over Highway Trust Fund concerns. Polling suggests most Americans blame Trump for the price surge.

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House Speaker Mike Johnson had previously acknowledged that the Iran conflict and Strait of Hormuz closure dampened Republican affordability efforts. In a Fox News Sunday interview, he warned that high gas prices, driven by the Strait of Hormuz closure, threaten GOP midterm prospects, argued that once the strait reopens the party will refocus on kitchen-table issues, and noted that Energy Secretary Chris Wright expects the strait to reopen by summer. Johnson acknowledged that the conflict has put a 'little damper' on GOP messaging on affordability. The national gas price average is about $4.50. The House holds a 217-212 majority. Trump has floated suspending the federal gas tax, which some GOP lawmakers back, but Democrats oppose over Highway Trust Fund concerns. Polling suggests most Americans blame Trump for the price surge.

Frequently Asked

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What is the current Pentagon cost estimate for a war with Iran?
The Pentagon now estimates the war's bill at $29 billion, a $4 billion increase from Defense Secretary Pete Hegseth's earlier $25 billion figure.
What are the key terms of the proposed US-Iran memorandum of understanding?
The draft asks Iran to relax its grip on the Strait of Hormuz and relocate highly enriched uranium stocks abroad in exchange for a 30-day easing of the US naval blockade.
How did the Trump-Xi summit affect Taiwan?
Close advisers to Trump concluded the summit heightened the danger that Xi Jinping will invade Taiwan within five years, potentially choking off advanced chips for US AI companies.
What domestic security concern is the US facing ahead of the World Cup?
Federal and local officials are scrambling for counter-drone equipment at World Cup sites after a 76-day Homeland Security budget standoff, with several host cities still negotiating for Pentagon support.
What is the internal rift in the Trump administration over Iran?
The Pentagon's escalation camp is pulling against a diplomatic camp around Secretary of State Marco Rubio, who argues American military resources are finite and must be balanced with other priorities.