Trump denies U.S. $300 bn payment in Iran ceasefire deal

President Donald Trump has forcefully denied that a new ceasefire agreement with Iran involves a $300 billion direct payment from the United States Treasury, as his administration prepared to finalize the deal. The president’s statements, made both at the G7 summit in France and on his Truth Social platform, contradict earlier reports and statements from his own vice president regarding a large reconstruction fund for Iran outlined in the agreement.

At the summit, Trump dismissed the notion of U.S. financial involvement as "false" and told reporters the United States would not contribute any taxpayer money. "We are not investing in it and we do not have a fund," he said. "We are not putting up 10 cents." He added that while other nations or private entities are free to invest, he is not urging Gulf countries to finance rebuilding and suggested such investments would likely be delayed until potential donors observe a change in Iran's behavior.

These denials appear to conflict with details provided by Vice President JD Vance, who earlier in the week confirmed the existence of a $300 billion reconstruction package for Iran. Vance stated the fund would be composed of private-sector...