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

Stephen Moore, a former White House economic advisor, says the U.S.-Iran peace deal positions the country for a powerful economic surge amid the G7 summit in France.

IRAN — Donald J.Trumpposted on Truth Social on June 18, 2026 at 11:45 AM EST, posted on Truth Social on June 18, 2026, by mentioning the source (see justthenews) that a former Trump economist believes the Iran deal means a big economic boom for the United States. The post highlights comments from Stephen Moore, a former White House economic advisor for Trump and author of “The Trump Economic Miracle,” who says the country is on the cusp of a powerful economic surge. Moore’s remarks came as President Trump attended the G7 summit in France, where leaders from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States gathered to coordinate global economic and security policies. The summit followed Trump’s announcement of a peace deal between Iran and the United States to formally end the war, a development that has fueled speculation about its potential economic impact on the U.S. economy in the coming weeks (see pbs.org). “This is a pro-business president,” Moore told Just the News on Monday, noting that people are leaving European countries because of their less-than-ideal economic policies. He specifically cited Germany, which he said is edging toward a recession. “People are angry when they go to the grocery store, the gas pump … health care is expensive,” Moore said, contrasting the European economic climate with what he described as a more favorable trajectory in the United States. Moore predicted that the U.S. is trending toward becoming an “Elon Musk rocket ship” — a reference to SpaceX shares rising over 20% on June 12, which pushed Musk to become the world’s first trillionaire. He also pointed to the Forbes world’s billionaires list, noting that 15 of the top 20 are American. “What America is doing is working,” Moore said, adding, “I love capitalism, and Trump does too.” He further compared the economic status of left-wing versus right-wing cities, arguing that for the first time in American history, the South has become the dominant economic region due to lower taxes and less regulation (see businessinsider.com). Moore also predicted that the economy will balance out, with wages and income increasing while inflation decreases. The comments reflect a broader narrative among former Trump economic advisors who have argued that the administration’s trade and foreign policy agreements could yield significant domestic economic benefits (see Google). In the last 30 days, 52 of Trump’s 670 Truth Social posts have focused on foreign policy and geopolitics, including 17 on the sub-topic of Venezuela, Gaza, and the Middle East, underscoring the president’s sustained attention to the Iran deal and its implications.