Jerusalem Post/World NewsTrump also said that the MoU is not finalized, and the US can "return to dropping bombs" if it is not happy.Follow us on GoogleUS President Donald Trump arrives to attend a musical interlude before a gala dinner as part of the G7 summit in Evian-les-Bains, France, June 16, 2026.(photo credit: Ludovic Marin/Pool via REUTERS/File Photo)ByRICHARD OFFENBACHER, JAMES GENNJUNE 17, 2026 14:01Updated: JUNE 17, 2026 14:25Reports of a $300 billion fund slated for Iran are false, US President Donald Trump said at the sidelines of the G7 summit on Wednesday."We have a deal that's a fair deal. It's a good deal. We are not investing any money in Iran by the way, and that rumor got out there yesterday was ridiculous," he said, adding that he would talk about this matter later.Trump also said that the Memorandum of Understanding (MoU) on Iran was not final, and that he could resume a bombing campaign if he did not like it."It's a memorandum of understanding. And if I don't like it, we'll go back to shooting at them, dropping bombs on their head. If I don't like it, if they don't behave, we'll go right back to dropping bombs right smack in the middle of their head, OK?" said Trump."We have our deal done with Iran, and it should be successful. It goes to the second stage, which I think will actually be easier," Trump added.Trump also thanked Qatari Emir Tamim bin Hamad Al Thani for his assistance in negotiating a deal."Working with Qatar and the people of Qatar was really a pleasure. They were tough. They were strong. You know, they are the closest to Iran physically. So with other countries, I noticed I had to travel about 45 minutes to get there. With you, you could walk right across the border. So you were in a more dangerous position. But I just have to say to you, uh, you fought, and you helped us, and with great bravery. So I just want to compliment you on that, and uh, you'll always be my friend," Trump said.Reuters contributed to this report.This is a developing story.Follow us on Google