Trump Says Iran Deal Was Aimed at Avoiding an Economic Collapse

Trump Says Iran Deal Was Aimed at Avoiding an Economic Collapse

N
News Editor
2026-06-17 16:49:13
After the G7 summit in France, U.S. President Donald Trump defended the agreement reached between the United States and Iran, saying he did not want the Middle East war to continue and lead to an economic disaster.
Donald TrumpG7 SummitUnited StatesIranEconomic Disaster

Odaily reported that U.S. President Donald Trump spoke on Wednesday after the close of the G7 summit in France, defending the agreement reached between the United States and Iran. Trump said he did not want to see the war in the Middle East continue, describing the prevention of an economic disaster as a key reason for reaching the deal.

Speaking at the lakeside resort of Evian-les-Bains in France, Trump said: “One of the things I least want to see is an economic disaster. If this conflict continues, that could absolutely happen.” His remarks framed the U.S.-Iran agreement as a step tied to preventing broader economic damage from an extended conflict.

Trump also said he did not want to become another Herbert Hoover. Hoover was serving as U.S. president when the American stock market crashed in October 1929. That crash wiped out billions of dollars in wealth and eventually led to the economic crisis later known as the Great Depression. The report cited Jinshi.

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