US president Trump reaffirms that Iran has agreed to not have a nuclear weapon
- Iran has agreed they will not have a nuclear weapon
- Iran’s supreme leader (Mojtaba Khamenei) is involved in negotiations with the US
- He is the one authorising talks, will probably meet with him at some point
- We have very little inflation, stock market is doing very well
- Gasoline prices will fall after the conflict with Iran ends
- Naval blockade on Iran could be lifted by Labour Day, but unlikely
- It’s likely that I’ll reach some sort of agreement with Khamenei
- Iran situation is rapidly evolving, will be very good
- I have a good relationship with Israel prime minister Netanyahu
- I was a bit perturbed at his fighting in Lebanon
Trump is commenting the above on a podcast interview. It looks like he is trying to continue to push the notion that Iran will have to offer up some baseline promise on nuclear arrangements before a deal is signed off. I’m not sure if that will go down well with Tehran. And even if it does eventually, I wouldn’t expect Iran to stick with that promise.
Besides that, his comment on the US naval blockade is interesting. It once again reaffirms that they are not going to budge. And if so, what does it mean for the context of a deal when this is supposed to be one of Iran’s red lines?
Trump’s full comment:
“I don’t know. I mean, I think it could be (closed through Labour Day), but I think it’s unlikely. I think that we’ll have it. I think this will resolve itself fairly quickly."
A reminder that US Labour Day is on 7 September. That’s another three more months of this.
This article was written by Justin Low at investinglive.com.