President Trump said the U.S. and Iran are close to finalizing a very detailed and “very strong” agreement that would prevent Iran from obtaining nuclear weapons. He said he expects Iran’s leaders to sign the deal soon, although he noted that nothing is ever 100% certain.
Trump said that if Iran does not sign the agreement, the entire process would have to start again from the beginning. He added that Iranian leaders want to sign because they want to return to normal life and improve conditions in their country.
According to Trump, the agreement would lead to the immediate reopening of the Strait of Hormuz once finalized. He said oil prices have already fallen sharply and stock markets have moved higher as investors reacted positively to the progress in negotiations.
Speaking at the G7 summit in France, Trump said there is a “99.99%” chance Iran will never obtain nuclear weapons under the proposed arrangement. He also denied reports that the deal includes a $300 billion reconstruction fund for Iran, saying the United States “will not pay a penny” and has no plans to invest in Iran.
On India, Trump said he had a very good conversation with Prime Minister Narendra Modi and described Modi as a tough negotiator and a longtime friend. He said a U.S.-India trade agreement is very close and added that India has “a great friend in the White House.” Trump also said he plans to visit India in the future.
Trump stated that the United States would assist India if it came under attack. He also said European leaders support the current diplomatic approach and want to participate in related initiatives.
Discussing global security issues, Trump said he had productive conversations with both Vladimir Putin and Volodymyr Zelensky. He said he would consider supplying U.S. missiles to Ukraine and added that future sanctions on Russia would depend partly on oil prices.
On the Middle East, Trump reaffirmed Israel’s right to defend itself but said he hopes Israel makes wise decisions and shows restraint in its military actions. He also said the United States does not need European minesweepers in the Strait of Hormuz.
Trump highlighted strong U.S. economic conditions, saying employment is at record highs and that more than $19 trillion of investment has been attracted into the United States. He argued that recent developments with Iran have boosted equities while putting downward pressure on oil prices.
Separately, Trump said he held an excellent meeting on artificial intelligence and noted that discussions with AI company Anthropic are progressing smoothly. He also announced that Federal Housing Finance Agency Director Bill Pulte would temporarily serve as acting Director of National Intelligence until a permanent successor is selected.
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