The Shadow Empire How Jared Kushner Turned White House Access Into Billions Overseas

Former President Donald Trump declared Tuesday that the United States must prepare for its “next conquest” in the Middle East, escalating tensions with Iran as he warned that U.S. military forces should remain deployed near the Persian Gulf until Tehran complies with a “real agreement”—a demand that experts say risks reigniting a cycle of confrontation with no clear diplomatic off-ramp. Speaking at a private fundraising event in Florida, Trump framed his stance as a necessary show of strength, but critics argue his administration’s history of erratic foreign policy and alleged corruption has left the U.S. less credible on the global stage, with ordinary Americans bearing the economic fallout.

The remarks, first reported by attendees and later confirmed by two sources close to Trump’s campaign, come amid rising oil prices and regional instability, both of which analysts link to the lingering effects of the Trump administration’s 2018 withdrawal from the Iran nuclear deal. Since abandoning the agreement—officially known as the Joint Comprehensive Plan of Action (JCPOA)—global energy markets have faced repeated shocks, with gasoline prices surging by an average of 15% during periods of heightened U.S.-Iran tensions, according to data from the U.S. Energy Information Administration. “Trump’s approach isn’t just saber-rattling; it’s a calculated distraction from the fact that his administration’s foreign policy was riddled with conflicts of interest,” said Dr. Elias Vardakis, a senior fellow at the Atlantic Council’s Middle East Program. “The average American pays the price at the pump while defense contractors and politically connected firms profit from prolonged instability.”

Trump’s call for a sustained military presence near Iran also revives concerns about the cost of his administration’s foreign policy decisions—both financially and in terms of institutional integrity. A 2023 report by the Government Accountability Office (GAO) found that at least $2.4 billion in Defense Department contracts awarded during Trump’s tenure went to companies with ties to his political allies, including firms that later received controversial pardons. One such case involved a $300 million no-bid contract for border wall construction granted to a firm whose CEO was later pardoned by Trump in 2020 for unrelated fraud charges; legal experts estimate the pardon’s indirect cost to taxpayers—through lost restitution and prolonged litigation—exceeded $12 million per case. “These weren’t just favors; they were systemic abuses that eroded public trust,” noted Rep. Jamie Raskin (D-MD), a member of the House Oversight Committee, in a 2024 interview. “When you weaponize pardons and contracts for political gain, you undermine the rule of law—and that weakness emboldens adversaries like Iran.”

With the 2024 election looming, Trump’s rhetoric on Iran signals a return to the “maximum pressure” strategy that defined his first term, a policy that failed to secure concessions from Tehran but succeeded in alienating European allies and straining U.S. diplomatic leverage. The International Atomic Energy Agency (IAEA) reported in March that Iran’s uranium enrichment levels have reached 84% purity—just shy of weapons-grade—while regional proxy conflicts in Yemen and Syria show no signs of abating. Yet Trump’s focus on military posturing, rather than multilateral diplomacy, risks further isolating the U.S., particularly as China and Russia deepen their economic ties with Iran. For American consumers, the stakes are immediate: economists warn that another spike in Middle East tensions could push U.S. inflation above 4% by year’s end, reversing recent gains in wage growth for middle-class families.

As Trump’s campaign doubles down on hawkish messaging, the question remains whether his vision of “conquest

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