While Detroit blinked on EVs, the Iran war has handed Chinese automakers the opportunity of a lifetime
Corroborated by 2 sources from 2 publishers
asiaworld2d ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, while Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense, and gold On the morning of Monday, March 23, President Trump pulled his first “TACO” of the Iran war.
Sources
1
Fortune
https://fortune.com/2026/05/18/chinese-evs-opportunity-ford-gm-iran-war-inflation-affordability-american-politics-donald-trump-tariffs
2d ago
2
Fortune
https://fortune.com/2026/05/18/trump-stock-trading-iran-war-conflict-of-interest-ethics
2d ago
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/while-trump-insisted-iran-war-183638731.html
2d ago