Trump says ‘we don’t need a deal with Iran’
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Trump says ‘we don’t need a deal with Iran’

CNBC • • nation

Key Points:

  • President Donald Trump announced that the U.S. should no longer seek a deal with Iran, directing Vice President JD Vance to focus instead on addressing corruption and crime in Democratic cities and states.
  • Trump emphasized U.S. control over Iranian assets and the Strait of Hormuz, signaling a shift away from diplomatic engagement with Iran amid the ongoing conflict.
  • The statement follows significant Republican losses in the midterm elections, which some GOP members attribute to the unpopular Iran war initiated by the U.S. and Israel in February.
  • Reports indicate that Vance had been considering direct talks with a senior Iranian security official, but Trump's new directive suggests a change in approach.
  • The prolonged Iran conflict has contributed to rising global energy prices and inflation, factors that influenced voter concerns and the recent election outcomes.

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