Trump says US will not 'rush into a deal' with Iran
Negotiators are still working through key clauses as the draft framework would extend the ceasefire, reopen the Strait of Hormuz and curb Iran's uranium stockpile.
- On Sunday, President Donald Trump instructed negotiators not to "rush" into a deal with Iran, tempering hopes for an imminent breakthrough despite earlier claims that a memorandum of understanding was "largely negotiated."
- The potential agreement aims to reopen the Strait of Hormuz in exchange for the United States lifting its naval blockade, while Tehran would agree to dispose of highly enriched uranium stockpiles.
- Israeli Prime Minister Benjamin Netanyahu stated "any final agreement with Iran must eliminate the nuclear danger," while officials noted uranium disposal would be subject to further talks during a 60-day period.
- Trump confirmed the U.S. blockade will "remain in full force and effect until an agreement is reached, certified, and signed," as Brent crude settled at $US100.21 per barrel.
- Market analysts warn shipping flows through the strait likely won't return to normal until 2027, while Senator Chris Van Hollen criticized the deal's outlines as a "blunder" offering little beyond the pre-war status quo.
318 Articles
318 Articles
Trump struck a deal for China to buy $17B a year in US ag products. Farmers are skeptical.
A combine harvests corn on an Illinois farm in the fall. (Photo courtesy of Lance Muirhead/Muirhead farms)By Rebecka Pieder/Medill News Service WASHINGTON – In a deal that could provide a major trade boost for American farmers, the White House said that during the recent summit, China committed to buying at least $17 billion in additional U.S. agricultural products annually for three years. But Beijing has not confirmed the figure and farm grou…
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