Trump says US will not invest in $300bn fund for Iran

Donald Trump stated on November 12, 2024, that the United States will not invest in a proposed $300 billion fund for Iran. This declaration came in response to reports suggesting such a provision was part of a potential peace deal. Trump's firm rejection followed significant bipartisan backlash from members of both the Republican and Democratic parties in the U.S. Congress. The proposed fund, reportedly intended to support Iran's economy, had drawn criticism for potentially bolstering a regime viewed as hostile by many U.S. policymakers. The White House had previously indicated that no such agreement was finalized, but Trump's direct statement aimed to definitively end speculation about U.S. financial involvement.