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U.S. Proposes $30 Billion Incentive for Iran Talks, Mulls Tariff Truce Extension

The administration is offering sanctions relief plus $30 billion in funding to bring Tehran back to talks despite conflicting intelligence on its strike damage.

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Overview

  • The White House signaled that President Trump could extend the suspension of tariffs set for July 9 and has sent a counterproposal to the European Commission.
  • The Defense Intelligence Agency assessed the strikes delayed Iran’s nuclear program by only months, while the CIA maintains key facilities were devastated and will take years to rebuild.
  • U.S. officials have discussed offering Iran up to $30 billion in economic incentives and sanctions relief in exchange for halting uranium enrichment and resuming negotiations.
  • Iranian Foreign Minister Abbas Araghchi demanded respectful diplomacy and warned that Tehran would reveal its full nuclear capabilities if treated with contempt.
  • President Trump predicted that a Gaza ceasefire between Israel and Hamas could be announced within the next week.