Key Highlights

  • Trump told reporters the US is "not investing any money in Iran."
  • The comments came as Trump arrived in France for the G7 summit.
  • The US-Iran peace deal was reached over the weekend, with a formal signing set for Friday in Switzerland.
  • The statement appears to contradict earlier reported deal terms suggesting US-backed reconstruction plans for Iran.

President Donald Trump arrived in France for the 2026 G7 summit on Tuesday and told reporters that the United States has no intention of putting money into Iran, distancing himself from reports that any peace deal would involve American investment in Iranian reconstruction.

The comment came days after the US and Iran announced a preliminary agreement to end their war, with the formal signing ceremony scheduled for Friday in Switzerland. Among the terms reported by Iranian state media in a 14-point draft memorandum was a provision requiring the United States and its allies to present a reconstruction and development plan for Iran worth at least $300 billion, a figure Trump appeared to reject on Tuesday.

Trump's remarks introduce fresh uncertainty around the financial terms of the agreement ahead of Friday's signing, particularly regarding any commitments around sanctions relief and economic support for Iran beyond the lifting of oil export restrictions. Iran's deputy foreign minister has previously said that details would remain confidential until after the signing ceremony, leaving the precise final terms of the deal still unclear to markets.

The G7 summit in Évian-les-Bains on France's eastern border with Switzerland brings together leaders from the United States, United Kingdom, France, Germany, Italy, Japan, and Canada, with the Iran agreement and its implementation expected to feature prominently in discussions alongside broader global economic and trade topics.