Qalibaf explained the factors pressuring the US economy
Mohammad Baqer Qalibaf, in response to recent remarks by Scott Besent, the US Treasury Secretary, outlined a series of factors affecting the increased pressure on the US economy
The Speaker of Parliament identified the rising cost of financing US government debt, the decreased interest of major buyers like China and Japan in purchasing treasury bonds, and the growth in bond yields as economic challenges for Washington
Qalibaf also mentioned Iran’s position in the energy market, the Strait of Hormuz, and the impact of rising oil and gas prices on the global economy as leverage against the US
