Trump Warns Economic Warfare For Aiding Iran, Federal Debt Grows, Venezuela Oil Deals

President Trump is warning of economic consequences for any country that supports Iran as he tries to wind down the war, leaving Gulf allies worried about their future with their powerful neighbor. The U.S. national debt has topped 40 trillion dollars, with the government now spending more on interest than on defense and driving up the cost of everything from mortgages to small business loans. U.S. oil companies are signing deals in Venezuela for the first time in nearly two decades, eight months after American forces captured Nicolás Maduro, even as the country’s politics remain unsettled. Want more analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter. Support public media with NPR+ and enjoy perks for over 25 podcasts like this one.