CNBC reports Trump reiterated that under a potential peace accord to end US‑Iran hostilities Iran would purchase US agricultural products; Tehran has denied the claim. He said Iran "won't make money" and the US would "take some of the funds" to buy f

2026-07-03

CNBC reports Trump reiterated that under a potential peace accord to end US‑Iran hostilities Iran would purchase US agricultural products; Tehran has denied the claim. He said Iran "won't make money" and the US would "take some of the funds" to buy food—naming corn, wheat and soybeans—from US farmers. The memorandum signed last month to end the conflict included lifting a blockade on Iranian ports and easing some oil sanctions; Trump said the funds should finance food purchases, not rebuild Iran's military. Iran's central bank governor told TASNIM NEWS last month there is "no obligation" for Iran to buy agricultural inputs from the US.