Topline<\/p>\n
President Donald Trump denied on Thursday that the U.S. is providing Iran with $300 billion for its post-war reconstruction fund, the second time he has shot down the idea this week as the U.S. and Iran prepare to sign a so-called memorandum of understanding on Friday.<\/p>\n
Trump has denied a $300 billion U.S. payment to Iran twice this week.<\/p>\n
(Photo by Mandel NGAN \/ AFP via Getty Images)Key Facts<\/p>\n
Trump said in a Truth Social post there is no \u201c300 Billion Dollar payment to Iran by the U.S.,\u201d in a Truth Social post, saying the concept was, \u201cDumocrat propaganda at play!!!\u201d<\/p>\n
A $300 billion reconstruction fund for Iran does exist, though Vice President JD Vance said this week the money would be sourced from the Gulf Coast Coalition, seemingly referring to the Gulf Cooperation Council consisting of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.<\/p>\n
\u201cThe United States isn\u2019t giving up a cent of money to Iran,\u201d Vance told reporters Thursday, noting Iran could access the $300 billion if they \u201cfully comply\u201d with the peace deal being signed Friday.<\/p>\n
The agreement calls for the U.S. and its Gulf partners to \u201cdevelop a definitive, mutually agreed plan with at least $300 billion for the reconstruction and economic development of the Islamic Republic of Iran.\u201d<\/p>\n
Trump told reporters Thursday that Gulf countries can foot the $300 billion fund, but he suggested the Gulf countries should not make any commitments \u201cuntil they find out the behavior\u201d of Iran following the peace deal.<\/p>\n
Tangent<\/p>\n
Under the agreement, the U.S. also agreed to unfreeze frozen or restricted Iranian funds and assets estimated to be worth $24 billion. However, Trump has said, \u201cIf they behave, if they do a good job, we start talking [about unfreezing assets],\u201d suggesting Iran will have to meet certain benchmarks during further peace negotiations to get their assets back.<\/p>\n
Republican Reception Of The Peace Deal Is Mixed<\/p>\n
Sen. Lindsey Graham, R-S.C., who initially expressed skepticism about the peace deal, said Wednesday the agreement will be beneficial for the U.S., adding whether the U.S. can reach an \u201cacceptable, verifiable deal with Iran regarding its nuclear program and other issues is yet to be determined, but I see little downside to trying.\u201d Sen. Ted Cruz, R-Texas, said on his podcast Wednesday it was an \u201cincredibly foolish idea\u201d and \u201cutterly indefensible\u201d for Iran to have access to $300 billion. Read more reactions from Trump\u2019s allies here<\/a>.<\/p>\n This is a developing story. Check back for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"Topline President Donald Trump denied on Thursday that the U.S. is providing Iran with $300 billion for its…\n","protected":false},"author":2,"featured_media":166747,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[8646,21730,14085,19805,34,16373,2405,6464,392,1257],"class_list":["post-166746","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-agreement","tag-billion","tag-deal","tag-fund","tag-iran","tag-payment","tag-peace","tag-reconstruction","tag-trump","tag-vance"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116772514188047381","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/166746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=166746"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/166746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/166747"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=166746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=166746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=166746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}