US President Donald Trump has reiterated his hardline stance on financial relief for Iran, vowing that Tehran will receive "not ten cents" during the 60-day negotiation period outlined in a recently signed 14-point Memorandum of Understanding (MoU).
Trump's Truth Social Posts
In a series of posts on his Truth Social platform, Trump claimed that the peace deal was driven by Iranian necessity, not US vulnerability. "We didn't meet out of desperation, Iran did. They are FINISHED! We'll play out the 60 days. They get no money, not ten cents!" he wrote.
Trump further asserted that the conflict has "diminished" Iran to the point where it no longer possesses a functional Air Force, Navy, radar systems, or anti-aircraft equipment. He dismissed criticism from Democratic Party members who argue Iran is in a stronger position than four months ago, calling their perspective uninformed.
Postponed Talks
The Swiss Foreign Ministry confirmed on Thursday that planned talks between the United States and Iran have been postponed. In an email to ANI, the ministry stated, "The planned talks between the US, Iran, Qatar and Pakistan have been postponed. Switzerland remains ready to facilitate these talks."
A White House spokesperson added that Vice President JD Vance will not depart for Switzerland as plans have not been finalized. "As of now, the Vice President is not departing tonight. We will let you know as soon as we have a concrete update," the spokesperson said.
Details of the MoU
The 14-point MoU includes an immediate and permanent cessation of military operations, including in Lebanon, and a pledge to conclude negotiations on a final deal within 60 days, extendable by mutual consent. The United States will begin removing its naval blockade and related restrictions, while Iran will facilitate safe passage of commercial vessels through the Strait of Hormuz free of charge for an initial 60-day period.
The document also outlines plans for phased lifting of sanctions, release of frozen Iranian assets, Treasury waivers for Iranian oil exports, and a US-backed reconstruction and economic development programme for Iran worth at least USD 300 billion.
