Former Defense Secretary Mark Esper Discusses U.S.-Iran Conflict and China's Rise

Mark Esper, former U.S. Secretary of Defense under President Donald Trump, stated during a panel discussion at the GZERO Summit in London that the U.S.-Iran conflict could persist for several years, potentially extending into 2027. He expressed concerns that this ongoing conflict may distract the U.S. from addressing the rise of China as a global power. Esper noted that reaching a negotiated settlement would be challenging, particularly for Trump, who would need to secure a deal that restores the status quo in the Strait of Hormuz, which he described as a difficult task. Esper emphasized that he does not foresee an end to the war in the near future, predicting that it would continue at its current pace, characterized by American blockades and sporadic hostilities. He remarked that the war has reached a stalemate, with Trump recently indicating a reluctance to negotiate with Tehran. Esper, who advocated for economic measures against Iran, cautioned that such policies require time and patience, which he believes are often lacking in Washington. He also highlighted the intensification of sanctions on Iran, which Trump has referred to as 'Economic D-Day.' A White House official asserted that the U.S. is in a strong position regarding the Strait of Hormuz and the Iranian economy. However, Esper warned that while the U.S. focuses on the Iran conflict, China is enhancing its military and economic capabilities, which he considers a significant threat. He pointed out that China aims to dominate the Indo-Pacific region by 2049 and has been strategically building its power for decades. Esper called for a shift in focus towards China, advocating for collaboration with European and Asian allies across military, diplomatic, economic, and technological domains. CNBC has reached out to the Chinese government for a response.