TLDR
- Trump says the United States will be out of Iran within 2-3 weeks, claiming nuclear goals have been achieved
- The US withdrawal is not conditional on Iran concluding an agreement or reopening the Strait of Hormuz
- The Iranian Revolutionary Guard threatened 18 American companies, including Microsoft, Apple, and Tesla
- Bitcoin rose 1.6% and Ethereum 3.5% after Trump’s comments
- The S&P 500 ended Tuesday up 2.91%, and the Dow Jones ended up 2.49%.
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US President Donald Trump said that the United States may end its military campaign in Iran within two to three weeks. He made the comments to reporters at the White House during an executive order signing ceremony on Tuesday.
Now – Trump says the US will withdraw from the Iran war in two or three weeks. pic.twitter.com/p0j83neowV
– Discluse.tv (@disclusetv) March 31, 2026
Trump said that the primary goal of eliminating Iran’s nuclear capabilities had been achieved. “I had one goal: that they should not have nuclear weapons, and that goal was achieved,” he said.
The conflict began in February when the United States and Israel launched strikes against Iran. This led to the imposition of an Iranian-led blockade of the Strait of Hormuz, one of the world’s busiest oil shipping routes.
Trump said that reaching an agreement with Iran is not required before the United States withdraws. “Iran doesn’t have to make a deal with me,” he told reporters.
He also said the withdrawal would not depend on the Strait of Hormuz being fully reopened, according to the Wall Street Journal.
Markets react to going off schedule
Bitcoin Ethereum rose 1.6% to about $67,858, while Ethereum rose 3.5% to about $2,097, according to CoinGecko. The total market capitalization of cryptocurrencies increased by 1.1% in 24 hours.
The Standard & Poor’s 500 index closed Tuesday up 2.91%. The Dow Jones Industrial Average jumped 2.49%.
In early March, markets also posted modest gains after Trump signaled for the first time that the war might be coming to an end.
Iran threatens American companies
The Iranian Revolutionary Guard issued a new threat against 18 American companies operating in the region, as of Tuesday evening, Tehran time. List included MicrosoftGoogle, Apple, Intel, IBM, Tesla and Boeing.
Trump said he was not worried. He added: “They no longer have much to threaten.”
US Defense Secretary Pete Hegseth said that Iran still has the ability to launch offensive missiles. He added that the talks are continuing, but the United States is ready to continue military operations if Iran does not comply.
US General Dan Kane said that the army destroyed more than 150 Iranian naval ships and continued to strike manufacturing and research sites.
The conflict spread to Lebanon. At least seven people were killed and 24 others were injured in Israeli raids near Beirut. Israel said the strikes targeted senior Hezbollah leaders.
China and Pakistan called for an immediate ceasefire, and their foreign ministers met in Beijing to urge peace talks.
U.S. gasoline prices topped $4 a gallon for the first time in more than three years, according to Gas Buddy. A Reuters/Ipsos poll showed that two-thirds of Americans believe the United States should end its intervention quickly, even if it means not achieving stated goals.
Trump is scheduled to address the nation on Wednesday at 9 pm ET to provide an update on Iran.
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