US President Donald Trump said Wednesday that the deal announced with Iran this week is a “memorandum of understanding” and remains subject to change, Anadolu reports.
“If I don’t like it, we’ll go back to shooting at them,” Trump told reporters during a meeting with Egyptian President Abdel Fattah al-Sisi.
He warned that if Iran’s leaders “don’t behave,” the US will resume “dropping bombs” on their territory.
Washington and Tehran reached a temporary truce this April through Pakistani mediation before announcing a framework agreement this Monday to end the conflict. The accord is expected to be formally signed in Switzerland on Friday.
Nuclear goals, funding denied
Trump said the core objective of the deal is preventing Tehran from obtaining nuclear weaponry.
“It’s a great deal for a lot of reasons, but number one, by far, 99.9% is they will never have a nuclear weapon,” he said, characterizing the pact as “very strong.”
The US president also firmly rejected reports of a $300 billion development fund accessible to Iran involving American taxpayers, calling it a “false story.”
“We’re not investing. We’re not putting up 10 cents,” Trump said, adding that others may choose to invest. “I would say they won’t be doing it for a while, until they find out (about) the behavior (by Iran),” he added.
Economic relief, maritime security
On the global economic impact of the war, Trump said oil prices have “come tumbling down” as markets react to the de-escalation.
The US president added that the Strait of Hormuz is “already partially opened” and that he expects the vital waterway to be fully operational within the next two days.
He argued that without a deal, the world would have faced a “depression” because the strait would have remained closed due to the risk of rockets and mines.
READ: Switzerland confirms US-Iran memorandum signing set for Friday at Burgenstock
