Trump faces a Catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor, or withdraw and look weak
- Posted on July 23, 2026
- By Fortune
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- 1 min read
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Trump faces a Catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor, or withdraw and look weak
"The war itself in a kind of technical sense, is over ...The question is, can we win the peace? And that's what Hormuz is about," Trump's former commerce secretary, Wilbur Ross, exclusively tells Fortune.