“President Donald Trump on Wednesday floated renaming the Strait of Hormuz — the central point of contention in the ongoing war against Iran that the U.S. and Israel started — after himself,” CNBC reports.

Said Trump: “Now that we have it under USA control, should we change the name Hormuz Strait to TRUMP STRAIT??? Like America itself, it would be ‘hotter’ than ever before!”

Mediaite: Trump floats latest geographical name change after Lake America rebrand.

Politico: “When it comes to the regime in Tehran, the Trump administration appears to still be in the early learning stages.”

“A clear sign of this is administration assertions that Iran’s regime is splintered or so divided that it can’t even effectively negotiate. At times, President Donald Trump and his aides, including those who’ve negotiated with Iranian officials, seem frustrated or outright surprised by such dynamics.”

Paul Krugman: “To an important extent the economy’s resilience has depended on the widespread belief by investors and businesses that the Trump shocks are one-time events. Businesses can live with 10 or 15 percent tariffs, if that’s the new normal. The world economy can even manage in the face of significantly reduced flows of oil from the Persian Gulf.”

“But it’s much harder to deal with a trade war in which Trump keeps finding new enemies — with a spiraling conflict with Canada, of all places, a nation whose auto industry, in particular, is so integrated with U.S. manufacturing that separating them is almost impossible to manage.”

“The Iran War has been a disaster, but markets were beginning to believe that the worst was over — until Trump began bombing Iran again with no clear objective beyond the visceral desire to reach out and hurt someone, doing so despite overwhelming evidence that the U.S. military is desperately short of munitions and that Hegseth has pushed out many of its competent leaders.”