Trump Says U.S. Has No Financial Obligation to Iran Under New Deal
President Trump stated Tuesday that the United States will not invest money in Iran under a peace memorandum scheduled for signing Friday. The agreement reopens the Strait of Hormuz, lifts the U.S. blockade of Iranian ports, and sets 60 days of nuclear negotiations.
The IndependentPresident Trump said Tuesday the United States has no obligation to invest money in Iran as part of a peace memorandum and that preventing Iran from obtaining a nuclear weapon is the only thing he cares about. Trump made the statements during a sit-down with the emir of Qatar at the Group of Seven meetings in Evian-les-Bains, France.
He said the deal states loud and clear that Iran cannot develop or purchase nuclear weapons.
"If they do, all hell will rain down on them.
They are not going to do that," Trump said. The memorandum is scheduled for public signing on Friday. It reopens the Strait of Hormuz, lifts the U.S. blockade of Iranian ports, and establishes 60 days of negotiations over Iran's nuclear ambitions.
Congressional lawmakers want to see more details about the text, which has not been released. Trump said the pact advances U.S. interests and will not cost the United States any money. "We are not investing any money in Iran, by the way. That rumor that got out there yesterday," Trump said.
More importantly, he said the deal will forestall any of Tehran's nuclear ambitions. " U.S. Secretary of State Marco Rubio was present during a working session at the G7 summit in Evian-les-Bains, France, Tuesday.
