Trump says he doesn't want to be another Hoover; the deal was reached to avoid economic collapse

Comparative news, according to Kim Ju's report, US President Trump delivered a speech after the G7 summit in France on Wednesday defending the agreement reached between the US and Iran, and stated that he did not want to see the war in the Middle East continue, causing an economic disaster. Trump said at the French lakeside resort Evian-les-Bains: The last thing I want to see is an economic disaster. If this conflict continues, it is entirely possible that this will happen.

Trump said he doesn't want to be another Herbert Hoover. When the US stock market crashed in October 1929, Hoover was the president of the United States. The stock market disaster caused the evaporation of billions of dollars of wealth and eventually triggered the economic crisis that later became known as the Great Depression.