Trump Denies $300 Billion Iran Deal Payment as Vance Backtracks on Reconstruction Fund
Updated
Updated · The Daily Beast · Jun 16
Trump Denies $300 Billion Iran Deal Payment as Vance Backtracks on Reconstruction Fund
3 articles · Updated · The Daily Beast · Jun 16
Summary
Trump said on Truth Social that reports of a U.S. payment to Iran were “fake news,” but misstated the disputed figure as $300 million rather than $300 billion.
Earlier Monday, Vance told CBS that Iran could access a $300 billion reconstruction fund if it met the agreement’s terms, then later shifted to saying Iran would get no American taxpayer money.
Fox News and CNN appearances recast the benefit as sanctions relief and foreign investment from other countries, not direct U.S. cash, while Vance avoided repeating his earlier fund acknowledgment.
The memorandum’s full text has not been released, leaving the payment and sanctions terms unclear ahead of an in-person signing in Geneva on Friday and a promised public release by Tuesday or Wednesday.