Former Trump Economist Says Iran Deal Could Spark Major U.S. Economic Boom

Stephen Moore, a former White House economic advisor, argues the U.S.-Iran peace deal positions America for a powerful economic surge amid global uncertainty.

IRAN — Donald J.Trumpposted on Truth Social on June 16, 2026 at 11:06 AM EST, posted on Truth Social on June 16, 2026, by mentioning the source (see justthenews) that a former Trump administration economist believes the recently announced Iran deal could trigger a significant economic boom for the United States. The post highlights remarks from Stephen Moore, a former White House economic advisor and author of “The Trump Economic Miracle,” who says the country is on the cusp of a powerful surge. Moore’s comments came as President Trump attended the G7 summit in France, where discussions centered on the economic implications of the U.S.-Iran peace deal announced the day prior. The G7 summit, an annual meeting among Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union, serves as a forum to coordinate global economic and security policies. The timing of the deal alongside the summit has amplified debate over its potential impact on energy markets, trade, and broader economic growth (see justthenews). “This is a pro-business president,” Moore told Just the News on Monday, contrasting the United States with European nations he described as suffering from less-than-ideal economic policies. He specifically cited Germany, which he said is edging toward a recession, and argued that people are leaving European countries as a result. Moore predicted that the U.S. economy would continue to strengthen, forecasting that wages and income will increase while inflation decreases (see justthenews). Moore also pointed to broader indicators of American economic dominance, noting that 15 of the top 20 names on Forbes’ world’s billionaires list are American. He compared economic conditions in left-leaning versus right-leaning U.S. cities, asserting that for the first time in American history, the South has become the dominant economic region. Moore attributed this shift to millionaires and billionaires fleeing high-tax states like New York and California, combined with lighter regulation in Southern states. He described the U.S. trajectory as heading toward becoming an “Elon Musk rocket ship,” a reference to SpaceX shares rising over 20% on June 12, which pushed Elon Musk to become the world’s first trillionaire (see justthenews). The broader question of how an Iran peace deal translates into domestic economic gains remains a subject of debate among economists and foreign policy analysts. While proponents argue that reduced geopolitical tension in the Middle East could stabilize energy prices and open new trade corridors, skeptics caution that the specifics of the deal and its enforcement mechanisms will ultimately determine its economic impact. Moore’s optimistic assessment reflects a view within Trump’s economic orbit that deregulation, pro-business policy, and diplomatic breakthroughs abroad are converging to create favorable conditions for sustained American growth.

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