Iran live updates: US details what's in memorandum of understanding

Following his comments on Tuesday that the administration was delaying the release of the memorandum of understanding text at the request of the Qataris and the Pakistanis, Vice President JD Vance told CBS News that the administration is now urging its release on Wednesday.

"Yeah, so there are some, frankly, diplomatic protocols that I don't fully understand. The Qataris and the Pakistanis, who have been helpful in mediating this agreement with the Iranians, they've asked us not to release the full text for a little while, that it'll come out at the latest on Friday," Vance said.

"We're actually trying to push them to get it out today, because we want to tell the American people what's in this deal. It's fundamentally a good deal for the American people, but it's, it's also very simple, and I've also seen some, some misrepresentations about it," Vance said.

Asked about whether he wants Israel to stop bombing Lebanon, President Donald Trump told reporters, "I want Israel to be able to protect itself, but I do want them to use good judgment."

On Tuesday, Trump said he was “not happy” with Israel’s recent attack on an apartment building in Beirut.

"Israel is fighting Hezbollah too long, and too many people are being killed, and you don't have to knock down an apartment house every time you're looking for somebody, because there are a lot of people in those apartment houses, and they're not all Hezbollah,” he said.

“I suggested to Israel to let Syria take care of Hezbollah,” Trump added.

Trump added that he still enjoys “a great relationship” with Israeli Prime Minister Benjamin Netanyahu.

“Without me, there would be no Israel, because no other president was willing to do what I did. I've had a great relationship with Bibi, but now Bibi has to be more responsible with respect to Lebanon,” Trump said, of Netanyahu.

President Donald Trump said the U.S. "defeated" Iran in the first week of the war, saying the U.S. naval blockade on Iran was "100% effective" and Iran now wants to come to an agreement to end the war.

"They want to sign, they want to get back to a normal life. You know, we hit them very hard," Trump told reporters while speaking at the G7 Wednesday.

"This is a memorandum of understanding, but it's a very strong one. This isn't just like a two-paragraph. This is a longer, pretty detailed memorandum that goes into a regular contract," Trump said.

President Donald Trump said the text of the memorandum of understanding with Iran announced earlier this week was not final, and that if he didn't like it, the U.S. would "go right back to dropping bombs right smack in the middle of their head."

"No, it’s not final. It’s a memorandum of understanding, and if I don't like it, we'll go back to shooting at them, dropping bombs on their head,” Trump told reporters on Wednesday, during a bilateral meeting with Egyptian President Abdel Fattah El-Sisi on the sidelines of the G7 in France.

He added, "If I don't like it, if they don't behave, we'll go right back to dropping bombs right smack in the middle of their head, OK? Because they misbehaved for 47 years."

-ABC News' Fritz Farrow