Trump, Iran Official Sign Iran Deal Framework

President Donald Trump touted the signed peace deal with Iran on Monday, telling reporters the Strait of Hormuz would be fully open by Friday.

Trump and Vice President JD Vance electronically signed the Memorandum of Understanding, or MOU, on Sunday, senior U.S. officials confirmed, and Mohammad Bagher-Ghalibaf signed the agreement on behalf of Iran.

Trump, who’s in Évian-les-Bains, France, to attend a Group of Seven summit, said he expects the MOU would be released “pretty soon,” noting it would be made public “sometime after Friday.”

“I want it to be released because it’s a very powerful document,” Trump told reporters ahead of a Monday meeting with French President Emmanuel Macron. The senior U.S. officials said details of the agreement would be made public in the next 24 to 48 hours, though it is unclear if that includes the full text of the MOU. Trump said Vance would attend Friday’s signing ceremony that’s expected to take place in Geneva, Switzerland, saying he would “probably be gone” before that takes place.

The president went on to criticize the Joint Comprehensive Plan of Action, a nuclear deal with Iran brokered under former President Barack Obama from which Trump withdrew the U.S. in 2018. Trump again called it a “horrible deal for the United States” on Monday.

When asked if the new MOU included sanctions relief for Iran, Trump said that part of the deal was conditional.

“It’s really a behavioral thing,” Trump said. “If they do what they’re supposed to do, that starts taking effect.”

The White House has not released the exact terms of the deal. On Sunday, a senior Iranian official shared details about the pending peace deal with Reuters, claiming that in exchange for Iran immediately reopening the Strait of Hormuz and agreeing not to expand its nuclear program or acquire a nuclear weapon, the U.S. will deliver economic relief to the country in the form of $25 billion in frozen assets.

A White House official familiar with the deal told NOTUS that the framework reported by Reuters “isn’t accurate” but did not provide additional details.

When asked what he expects from France and other countries in continued negotiations with Iran about reopening the Strait of Hormuz, Trump said he doesn’t think the U.S. will “need much help.”

“It’s toll-free, so I don’t think we’re going to need much help,” Trump said. “But I don’t think it’s a bad idea to have a ship or two up here from a few countries.”