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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 19, 2025

    Featured image for article about Headlines

    By Trevor Hunnicutt and Andrea Shalal

    WASHINGTON (Reuters) -President Donald Trump will decide in the next two weeks whether the U.S. will get involved in the Israel-Iran air war, the White House said on Thursday, raising pressure on Tehran to come to the negotiating table.

    Citing a message from Trump, White House Press Secretary Karoline Leavitt told reporters: "Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks."

    The Republican president has kept the world guessing on his plans, veering from proposing a swift diplomatic solution to suggesting the U.S. might join the fighting on Israel's side. On Wednesday, he said nobody knew what he would do. A day earlier he mused on social media about killing Ayatollah Ali Khamenei, then demanded Iran's unconditional surrender.

    The threats have caused cracks in Trump's support base between more hawkish traditional Republicans and the party's more isolationist elements.

    But critics said that in the five months since returning to office, Trump has issued a range of deadlines - including to warring Russia and Ukraine and to other countries in trade tariff negotiations - only to suspend those deadlines or allow them to slide.

    "I think going to war with Iran is a terrible idea, but no one believes this 'two weeks' bit," Democratic Senator Chris Murphy said on the social media platform X. "He’s used it a million times before to pretend he might be doing something he’s not. It just makes America look weak and silly."

    Leavitt told a regular briefing at the White House that Trump was interested in pursuing a diplomatic solution with Iran, but his top priority was ensuring that Iran could not obtain a nuclear weapon.

    She said any deal would have to prohibit enrichment of uranium by Tehran and eliminate Iran's ability to achieve a nuclear weapon.

    "The president is always interested in a diplomatic solution ... if there's a chance for diplomacy, the president's always going to grab it," Leavitt said. "But he's not afraid to use strength as well I will add."

    BYPASSING CONGRESS?

    Leavitt declined to say if Trump would seek congressional authorization for any strikes on Iran. Democrats have raised concerns over reports on CBS and other outlets that Trump has already approved a plan to attack Iran, bypassing Congress, which has the sole power to declare war.

    Leavitt said U.S. officials remained convinced that Iran had never been closer to obtaining a nuclear weapon, saying it would take Tehran just "a couple of weeks" to produce such a weapon.

    Leavitt's assessment contradicted congressional testimony in March from Trump's intelligence chief, Tulsi Gabbard. She said then that the U.S. intelligence community continued to judge that Tehran was not working on a nuclear warhead.

    This week, Trump dismissed Gabbard's March testimony, telling reporters: "I don't care what she said. I think they were very close to having one."

    On Wednesday, Trump lieutenant Steve Bannon urged caution about the U.S. joining Israel in trying to destroy Iran's nuclear program.

    Israel bombed nuclear targets in Iran on Thursday and Iran fired missiles and drones at Israel after hitting an Israeli hospital overnight, as a week-old air war escalated and neither side showed any sign of an exit strategy.

    Leavitt said Trump had been briefed on the Israeli operation on Thursday and remained in close communication with Israeli Prime Minister Benjamin Netanyahu. She said Iran was in "a deeply vulnerable position" and would face grave consequences if it did not agree to halt its work on a nuclear weapon.

    Iran has been weighing wider options in responding to the biggest security challenge since its 1979 revolution.

    Three diplomats told Reuters that Trump's special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi have spoken by phone several times since Israel began its strikes last week.

    (Reporting by Trevor Hunnicutt and Jasper Ward; writing by Andrea Shalal; Editing by Scott Malone and David Gregorio)

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