Donald Trump confirmed the unlocking of Iranian funds that had been frozen, stating that the money is not U.S. money. He also affirmed that the U.S. will not provide a reconstruction fund to Iran if Iran does not comply with the agreement.
On 17 Jun 2026 GMT+7, U.S. President Donald Trump held a press conference in France following the G7 summit. During the event, he clarified to reporters the difference between giving U.S. dollars to Iran—which he firmly opposed—and unfreezing assets, which he described as funds legally belonging to Iran.
“We have seized a lot of their money. We took their money, but it’s not our money. It belongs to them, and we froze it for a time. I think we will have to return it to them.”
Regarding sanctions, Trump indicated a willingness to ease them for Iran, provided Iran agrees to comply with the terms of the agreement. “As long as it concerns sanctions, you know, we have sanctions that will never allow them to recover. They won’t have money and will remain in hardship.”
Trump repeatedly emphasized that the United States will not invest any money in Iran, including in the $300 billion reconstruction fund, unless Iran meets the agreement conditions, especially regarding nuclear issues.
“We won’t do anything. We won’t invest unless they do the right thing. If they do the right thing and people want to invest, they can invest. But they have a fund worth $300 million—actually, it’s a $300 million fund—and it will only happen if they do the right thing,” Trump said, mistakenly stating the fund amount.
Several media outlets reported that in the memorandum of understanding between the U.S. and Iran, to be signed this Friday, the U.S. will establish a $300 billion reconstruction fund for Iran and will unfreeze Iranian assets seized by the U.S.
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Source:cnn