President Donald Trump said Wednesday that a memorandum of understanding aimed at winding down the conflict with Iran is still not a done deal, warning that the United States could resume military action if negotiations fall apart.
Leaders weigh terms for extended ceasefire
Speaking alongside Egyptian President Abdel Fattah el-Sisi at the Group of Seven summit in France, Trump stressed that the agreement remains preliminary despite being signed earlier this week. “No, it’s not final, it’s a memorandum of understanding,” Trump told reporters. He added that if he is dissatisfied with Iran’s conduct, “we will go back to shooting at them, dropping bombs on their head.”
Iran gains oil access under deal
A senior administration official told the Daily Mail that Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf signed a digital version of the document on Sunday. But by Wednesday, Trump was openly casting doubt on the arrangement and signaling that the situation remains highly volatile.
Trump denies US investment in fund
‘It’s false,’ Trump said when asked if the US is putting up the money. ‘You can invest if you want. What am I going to do, say no one is ever allowed to invest? We’re not investing, we’re not putting up 10 cents and people can decide to do it. That’s up to them.’ It has been reported that Gulf countries are expected to invest in the $300 billion Iranian development fund. ‘If they do it fine,’ Trump said of the potential investments.
Trump slams Obama over Iran deal
‘But I would say they won’t be doing it for a while until they find out the behavior. It’s a behavior thing, but we are not investing.’ Trump also bashed former President Barack Obama for approving a previous deal with Iran that provided them $1.7 billion in cash. ‘The JCPOA done by Obama – he handed them $1.7B in cash… they tried to bribe their way out of it, and you know what the Iranians did? They laughed at Obama and they said he’s a stupid son of a [expletive].’
White House disputes leaked MOU text
The White House pushed back against the details of the MOU, which is currently being circulated among leaders at the G7 and the press. ‘The supposed text of the MOU that was obtained by CNN does not reflect the language of the actual MOU,’ Trump aide Steven Chueng said in a statement. Critics and allies of the administration have repeatedly called for the language of the MOU to be released, but so far, the White House has chosen not to do so. A senior Trump administration official told the Daily Mail on Monday that the text would be released within 24 to 48 hours, though the details are still under wraps.