Iran Wants A Deal 'So Badly' Says President Trump (NRCC Remark Highlights)

Video Description

Edited Highlights of Trump's speech at The Annual Republican Congressional Dinner in Washington The White House insisted that peace talks with Iran are ongoing, even as Tehran publicly rejected US overtures and issued fresh conditions of its own to end the conflict that’s wreaked havoc across the Middle East and global markets. President Donald Trump insisted Iran was desperate to make a deal to end the nearly month-long hostilities. “They want to make a deal so badly, but they’re afraid to say it,” Trump told congressional Republicans Wednesday night in Washington. “The United States has been engaged over the last three days in productive conversations,” White House Press Secretary Karoline Leavitt told reporters earlier in the day. “You’re beginning to see the regime look for an exit ramp.” Their comments ran counter to Iran’s earlier statements through state-run media publicly rejecting Trump’s push for talks. Tehran is also seeking its own guarantees, including that the US and Israel won’t resume their attacks, reparations for war damages and recognition of its authority over the Strait of Hormuz, state-owned Press TV said. US President Donald Trump threatened Iran with intensified military action and said he’s unsure whether a diplomatic agreement can be reached, with the two sides at loggerheads on how to end the near month-long war.    Iran had “better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK, and it won’t be pretty!” Trump posted on social media Thursday, after Tehran rejected an initial US ceasefire proposal via intermediaries overnight.  Iran has “great negotiators, and they are begging to work out a deal,” the president said later during a Cabinet meeting at the White House. “I don’t know if we’ll be able to do that.” The Islamic Republic is waiting for a response to its rejection of a US 15-point plan to end the war, the semi-official Tasnim news agency reported. Tehran has a string of its own conditions, Tasnim said, one of which is a guarantee that the US and Israel won’t resume their attacks. Oil prices surged on the developments, with optimism fading of a quick resolution to the impasse. Brent crude climbed 6% to more than $108 a barrel, while stocks and bonds fell worldwide. The US has compiled a list of a dozen demands — alongside three points Iran would get in return — that have been delivered to Tehran by mediators in Pakistan, according to people familiar with the matter. US envoy Steve Witkoff confirmed the 15-point proposal on Thursday, without giving details, and said it had led to “strong and positive messaging and talks.”  Iran’s conditions to agree to a ceasefire include the payment of reparations for war damages and recognition of Iran’s authority over the Strait of Hormuz, Tasnim said, citing an informed source.  Trump is under pressure to persuade Tehran to reopen the critical waterway for oil and gas flows, a step needed to arrest a global supply shock. On Thursday, he said Iran allowed 10 boats of oil to sail through the strait as a gesture of goodwill.  Iran is also calling for an end to the war on all fronts, Tasnim reported, a likely reference to Israel’s parallel war against the Tehran-backed Hezbollah militant group in Lebanon.    -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake ======= CORRECTION: Headline updated to make clear that the clip contains edited highlights