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Iran live updates: Trump says MOU is 'fair,' denies that US will invest 'any money'

The U.S.-Iran memorandum of understanding is due to be signed on Friday.

Last Updated: June 16, 2026, 7:24 AM EDT

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.

Following the announcement of a two-week ceasefire, initial U.S.-Iran talks in Pakistan in April failed to reach a peace deal. Trump later announced the open-ended extension of the ceasefire and the continuation of a U.S. blockade until negotiations concluded.

On Sunday, Trump announced that the U.S. and Iran had reached a "great deal," which he said would be signed on Friday.

3 hours and 24 minutes ago

Trump says Iran deal is 'fair,' denies that US will invest 'any money'

During a bilateral meeting with the Qatari Emir Sheikh Tamim bin Hamad Al Thani on Tuesday, President Donald Trump touted the memorandum of understanding that was reached between the U.S. and Iran, calling it a "fair" and "good" deal.

The president said that negotiations over Iran's nuclear program -- a contentious issue which is to be addressed in a 60-day negotiating window -- will be "actually easier" than reaching the MOU.

Trump also said that the U.S. is not investing "any money" in Iran, calling reports to the contrary "ridiculous."

"We have the right to go in someday and do, if I want to do something or somebody wants to do something, but we are not investing any money. We have no obligation to invest any money in Iran," Trump said.

President Donald Trump attends a bilateral meeting with Qatar's Emir on the sidelines of the G7 summit, in Evian, eastern France, on June 16, 2026.
Mandel Ngan/AFP via Getty Images

Trump said he believes that the U.S.-Iran deal can survive even if Israel continues attacking Lebanon, with the president referring to the Israel-Hezbollah conflict there as a "minor war" with Hezbollah being a "pin-prick."

Nonetheless, 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.

"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, referring to Israeli Prime Minister Benjamin Netanyahu.

Trump added that he still enjoys "a great relationship" with Netanyahu.

Trump said the deal with Iran ensures that Tehran will never pursue or acquire a nuclear weapon and threatened military action if it did so. "If they do, all hell will rain down on them, and they're not going to do that," he said.

Asked what economic opportunities could open for Iran if the two countries continue to cooperate, Trump did not specify but expressed hope that Iran would "do well."

-ABC News Emily Chang, Karen Travers and Justin Gomez

4:37 AM EDT

Israeli attacks, occupation in Lebanon violate MOU, Araghchi says

Iranian Foreign Minister Abbas Araghchi said Tuesday that ending the war with the U.S. and Israel "would not be completed" without Israel's withdrawal of the lands it has occupied in southern Lebanon during this war, the official Islamic Republic News Agency reported.

Speaking at a meeting with foreign diplomats in Tehran, Araghchi said Iran will view any military attack on Lebanon by Israel and the continuation of its occupation as a "violation of the MOU."

Israeli Prime Minister Benjmain Netanyahu said on Monday that the Israel Defense Forces will not withdraw from the areas it has seized in Lebanon, Syria and the Gaza Strip.

Lebanese army forces deploy in the village of Bir al-Salasel in southern Lebanon on June 15, 2026.
Mahmoud Zayyat/AFP via Getty Images

-ABC News' Somayeh Malekian

Jun 15, 2026, 2:53 PM EDT

Israel will remain in buffer zones of Lebanon, Gaza, Syria: Netanyahu

Israel will remain in the "buffer zones" it has created in Lebanon, Gaza and Syria, Israeli Prime Minister Benjamin Netanyahu said on Monday.

"We will remain in the security belts as long as it takes to protect our country," he said.

Israel has expanded its presence in southern Lebanon in recent weeks.

Jun 15, 2026, 1:09 PM EDT

Trump says 'it depends' if he will attend signing ceremony on Friday

During a press spray with French President Emmanuel Macron at the G7, President Donald Trump said the text of the memorandum of understanding would be released “pretty soon,” but sometime after Friday.

“This is a very powerful document, and I want it to be released. So, probably pretty soon. I would say, after-- sometime after Friday, because the Strait opens. It’s open now, but it opens completely,” Trump said.

This comes as a senior administration official said Monday that the MOU would be released in the next 24 to 48 hours.

Trump also said “it depends” if he will attend the signing ceremony in Geneva on Friday, but he said Vice President JD Vance would be there.

Macron, in his opening remarks, praised the agreement between the U.S. and Iran, saying it was a “very important” step toward peace and rebuilding the global economy, which took a hit because of the war.

President Donald Trump attends a bilateral meeting with French President Emmanuel Macron during the G7 Summit in Evian-les-Bains, France, June 15, 2026.
Ludovic Marin/Pool/AFP via Getty Images

-ABC News’ Fritz Farrow

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