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    1. Home
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    3. >Trump says US will work closely with Iran, discuss sanctions
    Finance

    Trump Says US Will Work Closely With Iran, Discuss Sanctions

    Published by Global Banking & Finance Review®

    Posted on April 8, 2026

    3 min read

    Last updated: April 8, 2026

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    Trump says US will work closely with Iran, discuss sanctions - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    President Trump on April 8, 2026, announced the U.S. will work closely with Iran on tariff and sanctions relief amid a newly agreed two‑week ceasefire, though key issues remain unresolved.

    Table of Contents

    • US-Iran Ceasefire: Key Developments and Ongoing Negotiations
    • Progress on US-Iran Negotiations
    • Unresolved Issues and Competing Demands
    • International Reactions and Tariff Announcements
    • Role of Russia and China
    • 'VERY PRODUCTIVE REGIME CHANGE'
    • Statements on Iran's Leadership and Nuclear Program
    • Nuclear Disarmament and Security Measures
    • Current Status of Iran's Capabilities

    Trump Announces US-Iran Ceasefire and Talks on Sanctions and Tariff Relief

    US-Iran Ceasefire: Key Developments and Ongoing Negotiations

    WASHINGTON, April 8 (Reuters) - The United States will work closely with Iran and the two countries are discussing tariff and sanctions relief, U.S. President Donald Trump said on Wednesday, following the announcement of a two-week ceasefire.

    Trump pulled back from the brink of a threatened full-on assault on Iran on Tuesday night, two hours before a deadline he had set for Tehran to open the blockaded Strait of Hormuz.

    Progress on US-Iran Negotiations

    He said on social media that many of the 15 points in the U.S. plan proposed to Iran had been agreed to, but did not elaborate.

    "We are, and will be, talking Tariff and Sanctions relief with Iran," Trump said in a social media post.

    Unresolved Issues and Competing Demands

    Despite his ebullient comments, and widespread relief on Iran's streets and in global financial markets over the ceasefire, the main disagreements between Washington and Tehran remain unresolved and the two sides are sticking to competing demands for a potential peace deal.

    International Reactions and Tariff Announcements

    Trump also said on Wednesday that any country supplying weapons to Iran would immediately face a 50% tariff on any goods exported to the U.S.

    Role of Russia and China

    Beijing and Moscow have both helped Iran build military capacity to counter U.S. and Israeli pressure, supplying missiles, ​air-defense systems and technology intended to bolster deterrence, complicate U.S. operations and raise the costs of attack. But Russia and China have been restrained in their support during the U.S.-Israeli attacks on Iran.

    'VERY PRODUCTIVE REGIME CHANGE'

    Trump offered praise on Wednesday for Iran's current leaders after U.S. and Israeli strikes killed a number of top officials including Supreme Leader Ayatollah Ali Khamenei. He has been replaced as supreme leader by his son, Mojtaba Khamenei.

    Statements on Iran's Leadership and Nuclear Program

    "The United States will work closely with Iran, which we have determined has gone through what will be a very productive Regime Change!" Trump wrote in a post on Truth Social.

    Nuclear Disarmament and Security Measures

    "There will be no enrichment of Uranium, and the United States will, working with Iran, dig up and remove all of the deeply buried (B-2 Bombers) Nuclear 'Dust.'"

    "Nothing has been touched from the date of attack."

    Current Status of Iran's Capabilities

    The war waged by the U.S. and Israel has yet to deprive Iran either of its stockpile of near-weapons-grade highly enriched uranium or its ability to hit its neighbours with missiles and drones. And Iran's clerical leadership, which faced a mass uprising months ago, has withstood the six-week onslaught with no sign of domestic opposition.

    (Reporting by Doina Chiacu and Susan Heavey;Editing by Tomasz Janowski and Gareth Jones)

    Key Takeaways

    • •A two‑week ceasefire was agreed, prompting market and street relief, yet sporadic attacks continue to cast doubt on its durability.
    • •Trump said many items of the U.S. 15‑point proposal were accepted and negotiations on tariff and sanctions relief are underway.
    • •Iran has appointed Mojtaba Khamenei—son of the slain Ayatollah Ali Khamenei—as its new Supreme Leader, altering the political dynamics underlying negotiations.

    Frequently Asked Questions about Trump says US will work closely with Iran, discuss sanctions

    1What did Trump announce about US-Iran relations?

    Trump announced that the US will work closely with Iran and discuss tariff and sanctions relief after a two-week ceasefire was agreed.

    2Are US and Iran's main disagreements resolved?

    No, the main disagreements remain unresolved, with both sides sticking to competing demands for a peace deal.

    3What tariff measures did Trump propose for countries supporting Iran?

    Trump stated any country supplying weapons to Iran would face a 50% tariff on exports to the US.

    4Who is the new Supreme Leader of Iran?

    Mojtaba Khamenei, son of the late Supreme Leader Ayatollah Ali Khamenei, has been named the new Supreme Leader.

    5Has Iran's military capability been eliminated?

    Despite US and Israeli strikes, Iran retains its stockpile of enriched uranium and missile capabilities.

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