GoKawiilPresident Donald Trump’s negotiators face the arduous task of trying to convince the president that a deal he previously rejected is their best option in Iran.
Last month, Trump initially gave his blessing for a so-called “cash for uranium” deal, under which the US would release around $20 billion in frozen funds in exchange for Iran handing over its stockpile of highly enriched uranium, sources familiar with the matter tell WIRED.
Trump’s negotiators, vice president JD Vance, special envoy Steve Witkoff and Jared Kushner, Trump’s son in law, received repeated approvals from the president while they were in Islamabad, giving them confidence a deal was close.
But the deal unraveled, in part because Trump was warned by his team that there was a risk he could be seen as giving Iran “pallets of cash”—an echo of his own oft-stated criticism of Barack Obama’s Iran deal—and he pulled the plug, the sources said.
Except now, that’s once again the cornerstone of the current proposal.
The current negotiations for a memorandum of understanding that could guide talks on a nuclear deal center on Iran handing over its stockpile of highly enriched uranium, and a moratorium on further uranium enrichment for somewhere around 12 to 15 years, Axios earlier reported.
In exchange, the US would offer a combination of billions in sanctions relief and the gradual release of frozen funds after gaining control of the enriched uranium, in order to destroy it or blend it down so it cannot be used for a nuclear weapon.
While a memorandum of understanding might get Iran to the table, that framework is not materially different from what was discussed previously in Islamabad and rejected by Trump, who has repeatedly told advisers in recent weeks he is against sending money to Iran, sources tell WIRED.
Some of Trump’s advisers say the decision of whether Trump ultimately blesses the framework is likely to come down to how badly he wants a deal. There are few options to incentivize Iran, they add, and financial aid has been the most compelling.
“They are going to have to do something like that, and it’s better than the Obama deal, so he should take it,” one Trump adviser said on the condition of anonymity, referring to the Joint Comprehensive Plan of Action. Trump has long criticized that deal for having provisions similar to ones currently under discussion, like a sunset clause on nuclear enrichment and the US lifting some sanctions.
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