Trump Won’t Accept Bad Iran Deal, Bessent Says
Treasury Secretary Scott Bessent said President Trump will reject any Iran deal that doesn't include uranium surrender, nuclear weapons abandonment, and guaranteed Strait of Hormuz transit.
According to Breitbart News, the treasury chief stood in for White House press secretary Karoline Leavitt at the daily briefing, fielding questions about reports that U.S. officials and Tehran had reached preliminary agreement on a ceasefire deal pending final approval from the president.
When pressed on whether an agreement had been finalized, Bessent acknowledged that American and Iranian negotiators have been engaged in back-and-forth discussions but emphasized the administration’s non-negotiable conditions.
The secretary outlined three critical red lines established by President Trump during a recent cabinet meeting. Iran must surrender its highly enriched uranium stockpiles, abandon all pursuit of nuclear weapons capability, and guarantee unrestricted transit through the Strait of Hormuz to ensure free and open navigation in international waters.
Bessent made the administration’s position unambiguous: Trump will not compromise on American interests for the sake of reaching an agreement. The president intends to secure a great deal for the American people, the treasury secretary told assembled reporters.
Asked whether the three conditions would necessarily be incorporated into any final agreement, Bessent responded with a pointed rhetorical question, noting that if no deal could exist without those elements, there would be no reason to accept one lacking them. He cautioned journalists against attempting to preempt presidential decisions.
Economic Implications of Iran Resolution
Turning to economic matters connected to the Iranian situation, Bessent highlighted that oil prices have declined approximately 10 percent during May. He projected that a resolution to the conflict could trigger rapid further decreases in energy costs.
The secretary revealed that nearly 2,000 commercial vessels are currently waiting to exit the Persian Gulf region. Once transit resumes normally, he anticipates abundant oil supply on global markets and swiftly falling prices.
Trump Accounts App Launch
Bessent also used the briefing platform to announce the availability of the Trump Accounts smartphone application across all major operating systems. He characterized the financial tool as the most significant benefit for young Americans since the GI Bill, bringing the president’s economic vision directly into households nationwide.
With information from Breitbart News
