President Donald Trump said Friday that due to food shortages in Iran, the country will open a new market and soon buy large quantities of wheat, corn, and soybeans from the US. "This is going to be a very big move," Trump said, according to the report.
President Donald Trump announced Friday morning that Iran will purchase large quantities of US wheat, corn, and soybeans amid domestic food shortages, describing the expected purchases as a "very big move." The remark, published Friday, is the latest in a sequence of Trump statements publicly detailing Iran's economic vulnerabilities and the terms of financial relief for Tehran. Just minutes earlier, at 14:23 Jerusalem on Tuesday June 23, Trump had described Iran as a "beautiful country" and a "new market" whose frozen funds would be used to buy American food — language he now narrows by naming specific commodities and calling the transaction a "very big move."
The story thread began on Tuesday June 23 at 14:23 Jerusalem, when Trump announced that Iran had agreed to full nuclear inspections and that sanctions relief would be held in a US-controlled escrow account for food and medical purchases. Within hours on the same day, at 14:23, Trump elaborated that the escrow funds would be used specifically for US corn and soybeans; by version 4 of the thread, still at 14:23, he named corn, wheat, and soybeans. The latest version, published at 11:16 Jerusalem on Friday June 26, saw Trump expand his description of Iran as a "beautiful country" and a "new market." The current Friday morning announcement adds a greater sense of scale and specificity — wheat, corn, and soybeans as the commodities, and the declaration that the purchase is imminent. Source quality has remained consistent throughout: all statements are attributed directly to Trump via media reports, with no on-record White House or Iranian confirmation published.
As The Zioneer reported, the emerging US-Iran financial framework has drawn sharp criticism from allies. Italian Prime Minister Giorgia Meloni warned Tuesday evening that allowing Iran to collect tolls in the Strait of Hormuz would weaponize strategic trade routes — "a future we simply cannot consider." Trump himself, in background reports, has repeatedly listed Iran's internal economic crisis, citing hunger, food shortages, and 300% inflation, as justification for the arrangement.
What remains open: the exact scope and timeline of the food sales have not been specified, and no official confirmation has been published by either the US government or Iran. The broader US-Iran memorandum of understanding, which Trump reportedly finalized in recent weeks, has not been formally released, and no document confirming the inspection regime or escrow mechanism has been made public.
5 developments
- DevelopingTrump lists Iran's economic woes: 'They have a hunger problem, a food problem, a medicine problem'
- DevelopingTrump says US forces will seize parts of Iranian territory
- StrongTrump says Iran will grant IAEA access to bombed nuclear sites, use frozen funds for US food
- StrongTrump: I think Iranians want a deal — but we will see
Source and signal
- Internal intake