US has spent $12bn on Iran war, White House economic chief says, as Pentagon signals escalation Kevin Hassett gives latest cost since Feb. 28 joint US-Israel strikes; Defense Secretary Pete Hegseth says bombing of Iran is “about to surge dramatically” Standfirst: The Trump administration faces growing questions over the war’s price tag and purpose. Markets remain on edge over possible Strait of Hormuz disruptions, while Senate Democrats warn of “mission creep.” The United States has spent $12bn on its war against Iran since…

Trump unveils $12 billion farm aid as he threatens new Mexico tariffs, presses China on soybeans WASHINGTON — President Donald Trump on Monday announced a $12 billion aid package for U.S. farmers hammered by low prices and trade disputes, pairing fresh relief with a new tariff threat against Mexico and fresh pressure on China to accelerate soybean purchases. The White House said $11 billion will flow as one-time direct payments to row-crop producers through the Agriculture Department’s Farmer Bridge Assistance Program.…