Trump: World will 'find out pretty soon' if Iran MOU signing will happen

US President Donald Trump said on Wednesday at the G7 Summit in France that the signing of a memorandum of understanding (MOU) to begin ending the US-Israeli war with Iran might still not happen. Speaking to reporters, Trump described deals as unpredictable and said: "You're going to find out pretty soon." However, he later suggested the signing could occur as early as Thursday or Friday.

Trump and his top officials have sent mixed signals about the MOU's finality. The agreement is meant to end fighting on all fronts, lift the US naval blockade, and reopen the Strait of Hormuz. US officials maintain the MOU was digitally signed on Sunday but both sides can still walk away until the formal signing.

According to a senior US official, the MOU includes 14 points. Beyond reopening the Strait of Hormuz and lifting the blockade, the US will immediately issue sanctions waivers for Iran's fossil fuel industry. The MOU has few commitments on Iran's nuclear programme, restating Iran's position not to seek nuclear weapons. Negotiations on enriched uranium stockpiles and the nuclear programme's future will occur within 60 days.

The MOU also says the US and regional partners will develop a "mutually agreed plan" of at least $300 billion for Iran's reconstruction and economic development. Trump said this would only happen if Iran "does things right." He distinguished unfreezing Iran's assets from giving them money outright, stating the US is simply returning Iran's own frozen funds.

The secrecy of the deal has drawn criticism from both US political parties. Senator Mark Kelly, a Democrat, demanded to see the actual text, while Senate Majority Leader John Thune, a Republican, said they are "trying to get it." Vice President JD Vance claimed Iran and regional mediators, not Washington, want the slow rollout.

Trump at the G7 hailed the MOU as a strategic breakthrough, promising it would lead to a nuclear deal surpassing the 2015 JCPOA. He also claimed the war had resulted in "regime change" in Iran, describing the new leaders as "very smart." On Israel, Trump criticized Netanyahu's military approach in Lebanon but stressed the partnership, adding a copy of the MOU had been sent to Israel.