Trump claims Iran agreed to nuclear restraint amid Beijing summit
Comments made during Trump-Xi talks coincide with US market gains and Nvidia surge on chip sales approval
US President Donald Trump stated during an interview with the New York Post's "Pod Force One" podcast that Iran has agreed not to possess nuclear weapons. The president noted, however, that while this agreement is in place, Iran retains the ability to change its mind regarding the deal.
The comments were made in a wide-ranging interview that took place against the backdrop of a two-day summit between President Trump and Chinese President Xi Jinping in Beijing. The summit is addressing trade, artificial intelligence, and Iran tensions.
The interview coincided with a rise in US stock markets. The Dow Jones Industrial Average gained 0.8%, the S&P 500 rose 0.3%, and the Nasdaq Composite climbed 0.2%.
Nvidia shares surged more than 2% following news that the US approved H200 chip sales to Chinese firms. This development occurred during the same period as the summit and the president's remarks on Iran.
The specific terms, duration, or verification mechanisms of the alleged agreement between the US and Iran are not detailed in the source material. It is unclear whether this agreement is a formal treaty, a verbal understanding, or a policy shift, as no official documentation or third-party confirmation is cited.
The source material does not specify if Iran has publicly acknowledged or confirmed this agreement. The president's statements were made during the interview with the New York Post's "Pod Force One" podcast.
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