Trump Flirts With $15 Billion Bailout for Iran, Sources Say
Trump says he hates the Obama-era nuclear deal with Iran. But he’s toying with a French proposal to get the Iranians to comply with it: a $15 billion line of credit to Tehran.
President Donald Trump has left the impression with foreign officials, members of his administration, and others involved in Iranian negotiations that he is actively considering a French plan to extend a $15 billion credit line to the Iranians if Tehran comes back into compliance with the Obama-era nuclear deal.
Trump has in recent weeks shown openness to entertaining President Emmanuel Macron’s plan, according to four sources with knowledge of Trump’s conversations with the French leader. Two of those sources said that State Department officials, including Secretary Mike Pompeo, are also open to weighing the French proposal, in which the Paris government would effectively ease the economic sanctions regime that the Trump administration has applied on Tehran for more than a year.
The deal put forward by France would compensate Iran for oil sales disrupted by American sanctions. A large portion of Iran’s economy relies on cash from oil sales. Most of that money is frozen in bank accounts across the globe. The $15 billion credit line would be guaranteed by Iranian oil. In exchange for the cash, Iran would have to come back into compliance with the nuclear accord it signed with the world’s major powers in 2015. Tehran would also have to agree not to threaten the security of the Persian Gulf or to impede maritime navigation in the area. Lastly, Tehran would have to commit to regional Middle East talks in the future.
While Trump has been skeptical of helping Iran without preconditions in public, the president has at least hinted at an openness to considering Macron’s pitch for placating the Iranian government—a move intended to help bring the Iranians to the negotiating table and to rescue the nuclear agreement that Trump and his former national security adviser John Bolton worked so hard to torpedo.
At the G7 meeting in Biarritz, France last month, Trump told reporters that Iran might need a “short-term letter of credit or loan” that could “get them over a very rough patch.”
Iranian Prime Minister Javad Zarif made a surprise appearance at that meeting. To Robert Malley, who worked on Iran policy during the Obama administration, that visit indicated that “Trump must have signaled openness to Macron’s idea, otherwise Zarif would not have flown to Biarritz at the last minute.”
“Clearly, Trump responded to Macron in a way that gave the French president a reason to invite Zarif, and Zarif a reason to come,” he said.
The French proposal would require the Trump administration to issue waivers on Iranian sanctions. That would be a major departure from the Trump administration’s so-called “maximum pressure” campaign to exact financial punishments on the regime in Tehran. Ironically, during his time in office, President Barack Obama followed a not-dissimilar approach to bring the Iranians to the negotiating table, throttling Iran’s economy with sanctions before pledging relief for talks. The negotiations resulted in the Iran nuke deal that President Trump called “rotten”—and pulled the U.S. out of during his first term.
Trump’s flirtations with—if not outright enthusiasm toward—chummily sitting down with foreign dictators and America’s geopolitical foes are largely driven by his desire for historic photo ops and to be seen as the dealmaker-in-chief. It’s a desire so strong that it can motivate him to upturn years of his own administration’s policymaking and messaging.
And while President Trump has not agreed to anything yet, he did signal a willingness to cooperate on such a proposal at various times throughout the last month, including at the G7 meeting in Biarritz, France, according to four sources with knowledge of the president’s conversations about the deal.
Several sources told The Daily Beast that foreign officials are expecting Trump to either agree to cooperate on the French deal or to offer to ease some sanctions on Tehran. Meanwhile, President Trump is also considering meeting Iranian President Hassan Rouhani on the sidelines of the United Nations General Assembly in September […]
via Trump Move To Undo Bolton’s Arrogant Mistakes, Considers $15 billion Credit Loan To Iran
This is bullshit smoke and mirrors as usual. He appointed a neoconservative to take the walrus psychopaths, place. Pompeo is still there. America is in Chaos.
There was a reactor breach at Diablo last week and a scram in new jersey. There is a major nuclear accident in the making in this awful country. This insane bufoon is bailing out 56 yo reactors that are ready to blow. No safety supervision of reactors that should all be shut down. There will be one or more nuclear catastrophes soon. No supervised safety of nuclear plants because of this evil bufoon and its legions of sociopaths.
It also forced the russians into trying to build nuclear powered cruise missiles that cause two nuclear detonations recently because it abrogated a medium range nuclear missile and launched two of the. The crazy clown has plunged america into a first stike nuke policy w tactical nukes as well. Even as bad as Hillary was, she would not have done any of this crazy stukid, crazy demented shit.
Any major nuclear accident in america will eclipse what climate change is doing because america and the oceans are already so radionuclide polluted.
You can bet your ass that israhell wants this Zionist puppet to use tactical nukes on iran. such total bullshit!
Perhaps. My understanding is that Bolton/Pompeo wanted the US to withdraw from the Iran nuclear deal to pressure Iran to cease military support for Assad in Syria and military and financial aid for the Houthis in Iran. Now that the US has lost both wars, these are non-issues now. I understand that Trump has his heart set on a sit-down with Iranian leaders. He’s given his personal phone number to the Swiss to pass on to the Iranians.
The new guy has been talking about the winnability of a tactical nuclear atack for 40 years. Trump is an awful creature . Forget about climate change.Any nuclear meltdowns or anymore large miliitary nuclear contamination like the openair testimg will destroy life and the world in 8 years.
How fuking stupid and crazy can these things and trump be. Pretty goddamned stupid. There will be meltdowns if someone does not restore order in the US nuclear industry and begin closing reacors as the the germans and others are doing
What new guy? I’m confused. Trump won’t be making the announcement until next week. And the senate will have to confirm the appointment. Technically the Democrats could still block it by fillubustering. If they allow Trump to appoint a neocon maniac like Bolton, they deserve a lot of the blame. I agree with analysts who link Bolton’s firing to the 2020 election.
The interim replacement hupperman. Does not matter. Tthe nuclear industry in america is completely unsupervised now. Zero saftey standards. Most should have been closed years ago. It is quite insane
…and learned nothing from “Fuckingshima” meltdown either. Whatever the cost, the gods, in this case Mammon, must be appeased. No just one inncent virgin chained to a rock, but millions now… Earthians are so predictable in their self-destructiveneness.
Sha’Tara, it mystifies me how the ruling elite plan to protect their family from ionizing radiation – that’s the one thing they can’t escape. If they think they can grow nutritious food in their underground bunkers, they’re insane.
I think that by definition, the inbred elitist apparatus has been sinking ever deeper into total insanity. They remind me of Baron Harkonnen of Dune and his “niece,” the possessed Alia Atreides. What is amazing to me is that a vast majority of mankind remains in awe and fear of these decrepit vampires. They’re all certifiable, IMO. It’s up to “the people” to stop believing in their schemes, scams and general crappy lies; to stop supporting the politicians, to stop believing that money has value; to stop supporting the official religions… in other words, it’s up to the people to grow up and stop acting like dependent children, some starving and some utterly spoiled. Civilization is a totally dysfunctional system and anyone with two brain cells to rub together should be able to grok that!