Trump: Deal with Iran averted 'economic catastrophe'

U.S. President Donald Trump declared that an agreement with Iran prevented an economic disaster. Speaking to reporters after a G7 summit in France, Trump said the situation could have led to an economic catastrophe if it had continued. He characterized the new Iranian leadership as highly intelligent and significantly less radical, predicting a different approach from them.

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I didn't want to see an economic catastrophe. If it continued, it could have happened.

Trump also emphasized that the G7 summit in France was perfectly timed. He asserted that the deal with Iran secured all the objectives the U.S. sought, and even more. The president suggested that without this agreement, the U.S. might have engaged in prolonged military action, potentially for weeks, months, or even years.

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I think they are going to act very differently. I think they see a different way of life that they have never encountered before.

The agreement between the U.S. and Iran to end the war is scheduled to be signed in Switzerland on Friday. Trump previously expressed uncertainty about his own participation in a meeting with the Iranian delegation.

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the G7 summit... could not have happened at a better time