Trump says his memo on Iran is “very tough”, hopefully won’t have to use it

Oil is dropping on the latest comments on Iran.

• Says he was torn on signing it
• Says it is very tough
• Hopefully we will not have to use this, will see if we can work out a deal with Iran
• Iran cannot have a nuclear weapon
• Says he would hold talks with his Iranian counterpart
• We have the right to block the sale of Iran’s oil to other nations
• Iran is too close to having a nuclear weapon

Other topics:

• Asked about China’s retaliatory tariffs said “that’s fine”

This article was written by Adam Button at www.forexlive.com.