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Trump says ‘we don’t need a deal with Iran’


President Donald Trump speaks at the Lincoln Memorial Reflecting Pool, in Washington, D.C., Nov. 2, 2026.

Finn Gomez | Getty Images News | Getty Images

The U.S. should no longer seek a deal with Iran, President Donald Trump said Thursday as he directed Vice President JD Vance to instead focus his attention on corruption and crime in Democratic cities and states.

“We don’t need a deal with Iran. Those days have long since passed,” Trump wrote in a Truth Social post.

“We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait!” Trump wrote, referring to the Strait of Hormuz, a key chokepoint in the ongoing U.S.-Iran war.

The announcement comes just over a week Republicans suffered huge losses in the midterm election. Vance and other Republicans had pinned those losses on the Iran war, which the U.S. and Israel started in late February.

In the weeks leading up to Election Day, Trump repeatedly suggested the U.S. could resume military operations in the region, which have largely subsided as a testy stalemate has taken hold.

The Wall Street Journal on Wednesday reported that Vance, who has led diplomatic efforts with Iran in prior months, was considering face-to-face talks with a top Iranian security official.

Stock futures declined following Trump’s post.

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