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The president defended the agreement, but it has been criticized as a return to the prewar status quo.
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The United States and Iran have officially signed a memorandum of understanding aimed at ending the war in Iran. The 14-point agreement includes an immediate end to fighting on all fronts including Lebanon, an end to the U.S. naval blockade on Iran and the full resumption of maritime traffic through the Strait of Hormuz. It also proposes easing oil sanctions on Iran, unfreezing Iranian assets and launching a $300 billion investment fund to rebuild Iran, all while tabling the question of Iran's nuclear program, which is instead set to be negotiated over in the coming months.
"The United States is more eager for this war to end than Iran is," says professor Vali Nasr, who teaches at the Johns Hopkins School of Advanced International Studies. "In Iran, they're very triumphant." We discuss the long-term effects of the war, from the growing U.S. distrust of Israel, to the new generation of political leaders in the Islamic Republic, to the evolution of Iran into a major power player in an increasingly multipolar world.
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(Main headline, 1st story, link)
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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.
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In a sprawling news conference at the G-7 summit in France, the president touted the economic benefits of the ceasefire and threatened force if it fails.
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President Trump lashed out at critics who say the agreement achieves less than the one President Barack Obama signed in 2015, and he threatened to bomb Iran again if it violated the deal.
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The White House detailed the deal's terms after Trump defended it at the G-7.
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