Trump: US to use Iranian funds for ship, cargo damages

Trump's Truth Social latest posts07-24

President Donald Trump announced on July 23 that the United States will use Iranian money under its control to pay for any damages to ships, cargo, or related items, effective immediately. In a statement posted on X, Trump said, "Please let this statement serve to represent, until further notice, that from this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls."

Trump added that the damages "may be very substantial but, nevertheless, this is the fair and equitable thing to do." The president thanked the public for their attention. The statement did not specify the exact amount of Iranian funds held by the U.S. or provide details on how the mechanism would work. The declaration marks a new escalation in the ongoing tensions between Washington and Tehran, with the U.S. asserting direct financial leverage over Iran's assets to cover potential liabilities.

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Trump's Truth Social latest posts","home_visible":1,"id":"1095847157","head_image":"https://community-static.tradeup.com/news/366982394338989dcb1a9f327b511b8e"},"summary":"President Donald Trump announced on July 23 that the United States will use Iranian money under its ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"请允许本声明作为声明，在另行通知之前，从现在起，对船舶、货物或任何相关物品造成的任何和所有损坏将由伊朗货币支付……","themeId":"724a78f70d7146f1ab07ec048eae1639","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"President Donald Trump announced on July 23 that the United States will use Iranian money under its control to pay for any damages to ships, cargo, or related items, effective immediately. 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