Trump is facing mounting criticism over the 14-point MOU, with some Republicans warning that the deal could be a disaster if the U.S. and Iran do not come to a final agreement over the nuclear program in 60 days. “History teaches that giving billions of dollars to theocratic lunatics who want to murder us is not a good idea. I think the president is receiving some very poor advice on this deal,” Sen. Ted Cruz (R-Texas) said, blasting the component of the MOU that would give Iran access to a $300 billion reconstruction fund. Rep. Nancy Pelosi (D-Calif.) on Thursday said Americans “paid the price” for President Trump’s “mistake” in taking military action against Iran, describing the U.S.-Iran memorandum of understanding (MOU)…
Vice President Vance will take his second turn filling in for White House Press Secretary Karoline Leavitt on Friday, as the administration faces widespread backlash over its deal to end the Iran war and reopen the Strait of Hormuz. Vance has been the lead U.S. negotiator with Iran and has been all over television defending the deal in recent days, as the agreement coincides with his book tour. President Trump played down expectations for the memorandum of understanding during a press conference at the G7 summit in France on Thursday, while arguing he achieved 99 percent of his war aims. But many Republicans have been highly critical of provisions that give Iran a much-needed economic lifeline, without extracting any concessions on its…
While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world’s most powerful military having proved they can use economic chaos as a weapon.
A Trump administration official read the terms outlined in the memorandum to reporters earlier in the day, which addressed Iran's nuclear program, ongoing fighting in Lebanon, sanctions relief, and plans for the release of frozen funds.