About this transcript: This is a full AI-generated transcript of Trump announces 'a great settlement' with Iran, aims for weekend signing from CNN, published June 12, 2026. The transcript contains 1,512 words with timestamps and was generated using Whisper AI.
"We just made a great settlement of the war with Iran, and we're going to be subject to finalization of documents. We should get done over the next few days. We'll probably have a signing maybe in Europe. And most importantly, we have a deal that Iran will never have a nuclear weapon. The strait..."
[0:00] We just made a great settlement of the war with Iran,
[0:05] and we're going to be subject to finalization of documents.
[0:09] We should get done over the next few days.
[0:13] We'll probably have a signing maybe in Europe.
[0:15] And most importantly, we have a deal that Iran will never have a nuclear weapon.
[0:19] The strait will officially open as soon as we sign, which could be soon, very soon,
[0:24] maybe over the weekend in Europe.
[0:27] I won't be able to be there, but J.D. will be there, vice president, and some of the people.
[0:35] Steve Whitcuff did a great job. Jared.
[0:37] Effectively, he says that right now this agreement is subject to the finalization of documents
[0:43] that there will likely be a signing in Europe soon, maybe over the weekend,
[0:47] adding that he will not be there, but vice president J.D. Vance will,
[0:51] adding that the whole Middle East is happy.
[0:54] What is your reaction to these remarks, and how optimistic are you, Congressman,
[0:58] that this deal is actually going to be finalized,
[1:02] given that we've heard some of this from President Trump before?
[1:04] Well, this is apparently the 37th time that he has said that Iran's at the table,
[1:11] they're making a deal, and the war will be ended.
[1:14] This is the same administration that said the war was terminated way back on May 1st.
[1:19] It's June. It's in June, folks.
[1:22] You know, this is the same president who has demanded the unconditional surrender of Iran.
[1:30] Unconditional surrender means no conditions.
[1:33] There are no documents to be signed, things to be exchanged, no transaction.
[1:38] I mean, he sounds like he's making a real estate deal here,
[1:41] buying a casino that he can bankrupt or something,
[1:44] not actually doing what we need to do to get the world economy out of the strangling grip of Iran.
[1:51] So we just can't trust anything that he's saying.
[1:55] Maybe there will be a deal.
[1:56] Maybe there won't.
[1:58] So far, 37 out of 37 times thus far, there's been no deal, even though he's promised there would be.
[2:05] The president there spent a bit of time describing his communications with leaders in the region,
[2:13] U.S. allies that have been impacted by this war.
[2:17] He specifically mentioned Bahrain and Kuwait and obviously Israel as well,
[2:24] saying that he spoke with Benjamin Netanyahu.
[2:27] But a source tells CNN that this announcement caught Israel off guard.
[2:31] It's certainly possible that the officials that CNN has been speaking to were not made privy to this information
[2:38] or were not aware of what Netanyahu knew.
[2:41] But I do wonder that as Trump says Israel approved this agreement,
[2:45] do you think Netanyahu needs to be looped in on these negotiations before the president posts something like this?
[2:52] Well, if you remember, when the initial ceasefire, as they've called it,
[2:56] although it's a farce of a ceasefire,
[2:58] but when the initial ceasefire was put into place, it was very clear from Pakistan and Iran's perspective
[3:04] that that meant Israel was to cease operations in Lebanon.
[3:09] But apparently Netanyahu didn't get that memo because they continued operations in Lebanon,
[3:15] and that's the excuse that Iran has often used for continuing the war.
[3:19] So the reality is that he does need to get everybody on the same page here
[3:23] because it's not just the United States acting unilaterally, and he doesn't seem to be able to do that.
[3:29] Taking the president at his word that there will be a signing, perhaps even this weekend in Europe,
[3:35] what questions do you have about the memorandum of understanding,
[3:40] and what concerns do you have potentially about what's in it?
[3:44] Well, fundamentally, what are we giving the Iranians in this deal?
[3:48] What is this so-called transaction that he's talking about?
[3:52] It doesn't sound like unconditional surrender to me. Far from it.
[3:57] What are we giving to them?
[3:58] How many billions of dollars in blood money are we essentially paying the Iranians to reopen the strait?
[4:03] What are the conditions under which their nuclear program will be dismantled?
[4:08] You know, one of the reasons it took the Obama team so many months,
[4:11] two years about, to negotiate the Iran nuclear deal under President Obama
[4:16] is because we had very intrusive inspections.
[4:19] So Iran could not get away with breaking the deal.
[4:24] We were in their nuclear facilities.
[4:26] We had constant electronic monitoring.
[4:28] We had international observers.
[4:30] That's why it was effective.
[4:31] That's why even the first Trump administration certified that Iran was following that deal.
[4:37] Well, if those things don't exist under this new plan,
[4:40] then Trump can have a formal signing ceremony, you know,
[4:44] and get all the pomp and circumstance and boost the stock market for a few days.
[4:48] But we are not going to be able to have confidence that Iran won't still build a nuclear weapon.
[4:54] Is your view, Congressman, that the U.S. at this point should have perhaps been more aggressive
[5:00] in trying to get concessions through military force?
[5:03] Because it was only a few hours ago that President Trump, before this was announced,
[5:07] was talking about potentially even taking Karg Island,
[5:10] this hub for oil exports in the Persian Gulf that likely would have required not only American forces
[5:16] to take it, in the president's words, but also likely an expanded presence to hold on to it.
[5:22] It's only a few miles away from Iranian territory.
[5:27] No, absolutely not.
[5:28] I think this war is one of the dumbest in history because it's actually empowered Iran.
[5:33] I mean, the whole point of this war was to prevent them to stop their nuclear program.
[5:37] Well, that has not been achieved yet.
[5:39] In fact, we were at a much better place in stopping their nuclear program under President Obama
[5:43] before Trump tore up that nuclear deal.
[5:46] Then he talked about stopping Iran's power projection.
[5:49] Well, Iran's never projected more power in history.
[5:52] I mean, they've literally strangled the world economy by closing the Strait of Hormuz.
[5:56] So this war has backfired from day one.
[5:59] And my big concern that I've said for a couple of months now is that if Trump tries to escalate militarily,
[6:06] he'll only make things worse.
[6:08] One of the ways that he could make things worse is if he does an operation that entails a lot of U.S. casualties.
[6:14] And I'll tell you what, a great way to ensure U.S. casualties is to tell your enemy what you're about to do,
[6:20] which is exactly what Trump did a couple of days ago when he said he wants to have an operation on Karg Island.
[6:25] I mean, I can't imagine, as a Marine veteran myself, being a Marine off the coast,
[6:31] potentially with plans in hand to go into Karg Island and have the commander-in-chief tell your enemy
[6:36] that that's what you're going to do.
[6:38] It's unbelievably irresponsible.
[6:40] And it's clear that Trump cares a lot more about the stock market than about our troops.
[6:44] If all this does come to pass, there would be a loose framework, almost a memorandum of understanding,
[6:50] sketching out parameters for a specific nuclear agreement to be negotiated over the next however many months
[6:58] or even longer, certain terms for reopening the strait.
[7:02] And I expect a schedule of financial transfers, either the easing of sanctions
[7:07] or the thawing out of so-called frozen assets.
[7:11] Look, this would be good economically.
[7:15] It would be good if the ceasefire was to hold.
[7:17] But we shouldn't kid ourselves if this is to happen.
[7:21] And again, I hope it happens.
[7:23] It's not the same as peace.
[7:24] Iran has demonstrated its ability to control the Strait of Hormuz.
[7:29] That could be reintroduced in a month or six months.
[7:32] As I said, the nuclear challenge has not gone away.
[7:35] It's going to be an open-ended one for essentially years to come.
[7:40] There's still the question of Iranian support for radical groups like Hamas, Hezbollah, the Houthis.
[7:46] There's the question of Iran's drone capabilities, ballistic missile capabilities,
[7:51] obviously issues of real concern to Israel.
[7:53] There's the fate of the Iranian people.
[7:55] So I simply point out all this out to say as welcome as a deal might be in principle,
[8:00] we should probably limit the amount of champagne we decork and enjoy simply because of all the questions.
[8:08] He said that Iran would never have a nuclear weapon under this deal.
[8:13] Do you believe that?
[8:15] Look, that ought to be the goal.
[8:19] Iran can say that, but that's a question of intentions.
[8:23] Intentions you can never measure.
[8:24] All you can mention are capabilities.
[8:27] And that's something that we're going to need international inspectors to go into Iran to have extraordinary access.
[8:33] Again, this is not a time-limited effort.
[8:37] This then becomes a permanent effort to make sure there's no enriched uranium.
[8:40] There'll probably have to be limits on the centrifuges that Iran is allowed to spin.
[8:48] Again, we shouldn't kid ourselves.
[8:50] This is something that is going to have to be constantly monitored and verified.
[8:55] So it's not a problem solved.
[8:57] It's simply, if you will, an open-ended goal.
[9:00] It's not a problem solved.