Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleU.S. President Donald Trump insisted that peace talks with Iran were a win for U.S. farmers Tuesday, saying that sanctioned Iranian funds, once unfrozen, will be used to buy American-grown corn, soybeans and wheat.“These are things that are desperately needed by Iran,” Trump said in a Truth Social post. “This is a humanitarian crisis, and I feel it is necessary to help.” But critics, and Tehran, pushed back on the claim that Iran will buy U.S. farm products.Iran's Foreign Ministry spokesperson, Esmail Baghaei, said that Iran has no immediate need for U.S. crops and will make import decisions based on price and quality, not external pressure. “It is interesting that the philosophy and goal of the war, which was the destruction of the Iranian civilization and the collapse of Iran, has become enriching American farmers,” Baghaei said.Joseph Glauber, a research fellow emeritus at the International Food Policy Research Institute, said it was “unlikely” that Iran would abandon its trade partners for America. He said Iran’s major suppliers include Brazil, India, Turkey, the European Union, Canada, Australia and Argentina and that Trump’s demand would “create some hard feelings with some of our competitors.”Iran’s ambassador in Geneva, Ali Bahreini, also questioned Vice President JD Vance’s assertion that the U.S. and Qatar would have to approve how Iran uses unfrozen funds. “Iran is the only country who decides what to do with those assets,” Bahreini told reporters.In fullIran-US war latest: Iranian banks hit by cyber attack after Trump said millions in frozen funds would be releasedThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

US vice-president floated the ‘interesting solution’ – which he said could help feed Iran’s people – following recent talks in Switzerland.

American growers sceptical, dismissing claims of a new Iranian market for their exports as unrealistic and misleading.

US President Donald Trump warned Iran that he would “do what I have to do” if Tehran fails to honor its agreement with Washington. Speaking at the White House, Trump defended the…

President Trump warned Iran of unspecified actions if it fails to uphold its agreement with Washington, particularly regarding the use of unfrozen funds. Trump stated the money is…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestylePresident Trump issued a warning to Iran,…

(Bloomberg) -- President Donald Trump said Iran will only be able to use funds released from frozen accounts to purchase food and medical supplies from the US, addressing a major…

The US president specified that foods will include "corn, wheat and soybeans"

U.S. President Donald Trump and Vice President JD Vance say their interim deal to end the war with Iran will deliver a financial windfall to American farmers.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleU.S. President Donald Trump insisted that…

TEHRAN, Iran: The governor of Tehran’s central bank on Tuesday said Iran might well use the frozen funds released to it under its deal with Washington to buy US farm products. But…

(Bloomberg) -- President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease…

Trump's administration claims a deal with Iran will benefit U.S. farmers, but Tehran disputes the terms and intentions.

(Bloomberg) -- President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease…

Trump claims the Iran deal will benefit US farmers, but Iran denies these terms, leaving experts uncertain about asset distribution.