
Iran worries U.S. will use nuclear talks as pretext for new attacks: Senior official
The big picture: U.S. officials were discussing the dates for future talks with Tehran last month while simultaneously coordinating war plans with Israel, Gharibabadi said. While Tehran knows it needs to negotiate with the U.S. to get sanctions lifted and avoid new ones, he said bluntly that "we don't trust the U.S."
Driving the news: Iran and the "E3" — France, Germany and the U.K. — will hold talks in Istanbul on Friday on the issue of "snapback" sanctions.
The European signatories to the 2015 nuclear deal could impose those harsh sanctions for Iranian non-compliance, though Tehran denies that such a move would be legitimate.
Gharibabadi, Iran's deputy foreign minister and lead nuclear negotiator, said Friday's talks were "important" but not "decisive," because even if an agreement is not reached "we still have time."
Between the lines: The U.S. and the E3 jointly settled on the end of August as a deadline to impose the harsh snapback sanctions if no U.S.-Iran deal is reached by then.
But Gharibabadi suggested that was a soft deadline, noting that the E3 had also called Iran's foreign minister to express their desire to come to an arrangement.
The power to impose snapback sanctions expires in October, but the Europeans are expected to raise the possibility of extending that deadline.
In return, they want Iran to take steps toward resuming the work of UN inspectors in its nuclear facilities and possibly move its 60% highly enriched uranium to another country. Gharibabadi said it was "premature" to discuss an extension.
What he's saying: Speaking to reporters in New York on Wednesday, Gharibabadi said it was now incumbent on Iran to negotiate over snapback with the Europeans and over the broader nuclear issue with the U.S.
But he made clear just how difficult that would be. The last time around, he argued, the U.S. repeatedly changed its positions in talks — making it difficult to make progress — and then turned around and bombed Iran.
Gharibabadi said a military operation may always have been the true U.S. intention — something U.S. officials deny — and that could be the case once again.
Concerns about future attacks are one reason Iran want assurances on the Trump administration's seriousness before returning to the table, he said.
State of play: Gharibabadi said Iran had invited a technical team from the International Atomic Energy Agency (IAEA) to visit Tehran in the next few weeks, but not to visit the country's nuclear sites.
Iran suspended its cooperation with the IAEA due to the Israeli and U.S. attacks. Gharibabadi criticized IAEA Director General Rafael Grossi for declining to condemn those attacks, suggesting he had political motives.
But he said Iran was willing to discuss "a new modality" for cooperation with the UN nuclear watchdog, including access to the nuclear sites that were not attacked and also those that were.
The IAEA has not yet requested access to the three bombed nuclear facilities, Gharibabadi said, noting that it would be very dangerous for inspectors to enter them.
The intrigue: When reporters repeatedly asked about the status of Iran's nuclear facilities and material after the strikes, Gharibabadi joked that rather than asking him they should trust President Trump's insistence that they were "totally destroyed."
What to watch: The U.S. has continually proposed a resumption of talks since the war, and there have been several discussions in Tehran about the terms on which to resume them, Gharibabadi said.
He insisted that any talks would be "indirect," conducted through mediators, despite the U.S. desire for "direct" talks. Asked why, he said "we don't trust the U.S." and don't think the process has reached a stage where direct talks are appropriate.
Gharibabadi didn't lay out a timetable for the resumption of talks with the U.S., but suggested Friday's talks in Istanbul would be a factor.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hill
12 minutes ago
- The Hill
Here are the trade deals Trump has made ahead of Aug. 1 tariffs
After months of delays, President Trump's long-awaited global tariffs are slated to take effect at the end of this week. Trump on April 2 announced 'reciprocal' tariffs on dozens of other countries, using trade deficits to help calculate the tariff rate. But a week later, he lowered those rates to 10 percent for three months as markets reacted negatively, allowing time for countries to negotiate. As the 90-day window was nearing its end earlier this month, Trump sent letters to countries informing them of the new 'reciprocal' rate that, he said, would take effect Aug. 1. The White House has managed to secure some significant trade deals since the president's unprecedented sweeping tariffs were first announced in the spring. Trump on Sunday announced a trade deal with the European Union, setting tariffs at 15 percent for European goods, including automobiles — lower than the 30 percent rate Trump had threatened to impose on the EU next month. The EU will purchase $750 billion worth of energy from the U.S. as part of the deal, Trump announced, and agreed to invest in the U.S. $600 billion more than the current investments for other goods. Trump similarly reached a deal last week with Japan, setting a 15 percent tariff on Japanese goods — lower than lower the 25 percent tariff Trump had threatened to impose. Also in that deal, Trump said Japan would invest $550 billion in projects in the U.S. and would open its markets to U.S. automobiles, rice and other agricultural products. The Philippines agreed to a trade deal with the United States that would lower U.S. tariffs on its exports to from 20 percent to 19 percent, Trump announced last week. Trump had originally set a 17 percent duty on imports from the Philippines in April before warning that figure would rise to 20 percent last month. An agreement with Indonesia would also set a tariff rate of 19 percent on its imports. Trump announced an agreement with the United Kingdom in early May, in what is considered the first major deal struck since the president announced his sweeping tariffs in April. That agreement set the tariff rate at 10 percent, down from 25 percent. The U.K. is allowed to export 100,000 cars to the U.S. at a 10-percent tariff rate, as opposed to the 25-percent rate announced March 26, marking a win for the British car industry. Trump and British Prime Minister Keir Starmer are expected to talk about the implementation of that deal when they meet Monday in Scotland. The US and China announced in late May the contours of a deal to stave off a trade war between the two countries temporarily. The U.S. reduced its tariff rate from 145 percent to 30 percent, and China reduced its rate from 125 percent to 10 percent. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to hold talks Monday for the third time this year, with The Associated Press reporting that China is expected to press for the U.S. to remove its 20 percent tariff related to fentanyl. Both countries have an additional 10 percent baseline tariff in place. The White House sent dozens of letters this month informing countries of what they should expect their tariff rate to be, come Aug. 1. Trump has insisted he would not further extend the tariff deadline, but Commerce Secretary Howard Lutnick said Sunday that the president would be open to continuing discussions even after the tariffs are in place. For countries that have yet to secure a deal with the U.S., here are the tariff rates set to take effect on Aug. 1: Canada: 35 percent Mexico: 30 percent South Korea: 25 percent South Africa: 30 percent Kazakhstan: 25 percent Laos: 40 percent Malaysia: 25 percent Myanmar: 40 percent Tunisia: 25 percent Bosnia and Herzegovina: 30 percent Bangladesh: 35 percent Serbia: 35 percent Cambodia: 36 percent Thailand: 36 percent Libya: 30 percent Iraq: 30 percent Algeria: 30 percent Moldova: 25 percent Brunei: 25 percent Sri Lanka: 30 percent Brazil: 50 percent

Miami Herald
24 minutes ago
- Miami Herald
Fed decision, jobs report will step out into spotlight
It's rare that folks think about a week of economic reports as potentially dramatic. This week, however, has the potential to be very dramatic. There's just so much data and, yes, politics, about to be loosed on markets, on businesses and around the world. Don't miss the move: Subscribe to TheStreet's free daily newsletter There's the July unemployment report, due Friday. The widely studied and analyzed PCE inflation report inflation report, due Thursday. There's the first round of estimates of second-quarter gross domestic product, the report card on how the economy is faring. Related: It's a lollapalooza week ahead for markets Parallel to the economic data are some 843 earnings reports due this coming week from the likes of Microsoft (MSFT) , Facebook-parent Meta Platforms (META) , Apple (AAPL) and (AMZN) . It all comes in the context of continued negotiations on trade deals with tariff rates coming in at lower rates than President Trump suggested in April. Trump said Sunday the European Union has agreed to a deal that envisions tariffs on European goods at 15%. The United States is still negotiating on tariffs with China, Canada and others. So far, stock investors are happy to get a settlement. Stock index futures were signaling stocks will open higher on Monday. Gains would come after the Standard & Poor's 500, Nasdaq Composite and Nasdaq-100 indexes all hit record highs last week. And, of course, there's the Federal Reserve meeting on Tuesday and Wednesday. Will the central bank cut its key federal funds rate, not at 4.25% to 4.5%? Donald Trump wants a rate cut badly now. Treasury Scott Bessent says he wants it. Howard Lutnick, the Commerce Secretary, says he wants it. Two Fed governors, Christopher Waller and Michelle Bowman, are for it. But the other 10 voting members of the Federal Open Market Committee, including Fed Chairman Jerome Powell, have said they're content to wait, probably until the Fed's Sept. 16-17 meeting. Related: Intel CEO outlines 'hard but necessary decisions'; Trader Guilfoyle: CEO Tan 'Has a Chance' Powell attracts most of President Trump's ire; he's threatened to fire Powell, whose term expires next May. (Whether he legally can fire Powell is not clear.) Powell remains worried the president's big beautiful tax bill and his tariffs will affect inflation. Powell is not opposed to cutting later and, in fact, the futures markets think the Fed will decide to wait until September. A second rate cut will come in October or December. Overnight trading in the 10-year Treasury note shows the yield rising to 4.41% from Friday's 4.392%. Related: Mexican restaurants, chains hit hard by Chapter 11 bankruptcy There are estimates showing jobs growth falling to around 110,00 from 147,000 in June with the unemployment rate holding at 4.1% or so. But this bit of data has become quite volatile and a bit suspect because it's getting harder to obtain reliable data from phone and online surveys. Bloomberg/Getty Images Another indicator should come Thursday when outplacement firm Challenger, Gray & Christmas should release its monthly tally of reported layoffs and job cuts. One more jobs indicator: the weekly report on initial jobless claims, due Thursday. The most recent report showed 217,000 layoffs, down 4,000 from a week earlier. More Tech Stocks: Analyst who correctly predicted Rocket Lab stock surge resets forecastVerizon Q2 earnings report surprises with remarks on tax reformFund manager who forecast Nvidia stock rally reboots outlook The Personal Consumption Expenditures Index measures what is happening to prices for services and products consumers actually buy. It was 2.3% year-over-year in June and may be up slightly in July. Related: Chapter 11 bankruptcy forces popular animal attractions to close Two reports will look at this question: the S&P Case-Shiller report that looks at home prices on Tuesday and the National Association of Realtors Pending Home Sales Index on Wednesday. The Case-Shiller report has suggested home prices are moderating. The pending sales report was up slightly in June but is down around 40% from levels last seen in 2022. Part of the downturn is due to: Higher interest home little construction of homes aimed at first-time home buyers. The Conference Board releases its Consumer Confidence Index report for July at 10 a.m. Tuesday. The University of Michigan releases its Consumer Sentiment Index at 10 a.m. Friday. Both look at how consumers are looking at inflation, the economy and other factors. The June reports showed increasing confidence, a reflection of better conditions in financial markets and the economy. Related: Veteran fund manager points to glaring stock market risk The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
2 hours ago
- Yahoo
France and Saudi Arabia to lead UN push for two-state solution
France and Saudi Arabia will co-chair a UN conference in New York from July 28-30 to revive stalled two-state solution talks. Days ahead, French President Macron said Paris would formally recognise Palestine in September, boosting momentum for renewed negotiations between Israel and the Palestinians. France and Saudi Arabia will lead the charge starting Monday to revive the moribund push for a two-state solution between Israel and the Palestinians at a UN conference in New York. Days before the July 28-30 conference, to be co-chaired by Riyadh and Paris, French President Emmanuel Macron announced that he would formally recognise the State of Palestine in September. Paris's decision "will breathe new life into a conference that seemed destined to irrelevance," said Richard Gowan, an analyst at the International Crisis Group. "Macron's announcement changes the game. Other participants will be scrabbling to decide if they should also declare an intent to recognize Palestine." In an interview with French weekly La Tribune Dimanche, French Foreign Minister Jean-Noel Barrot said that other European countries will confirm "their intention to recognise the State of Palestine" during the conference, without detailing which ones. France is hoping that Britain will take this step, and more than 200 British MPs on Friday pushed British Prime Minister Keir Starmer to do so, but he reiterated that recognition of a Palestinian state "must be part of a wider plan." According to an AFP database, at least 142 of the 193 UN member states -- including France -- now recognise the Palestinian state proclaimed by the Palestinian leadership in exile in 1988. In 1947, a resolution of the UN General Assembly decided on the partition of Palestine, then under a British mandate, into two independent states -- one Jewish and the other Arab. The following year, the state of Israel was proclaimed. For several decades, the vast majority of UN member states have supported the idea of a two-state solution, Israelis and Palestinians living side-by-side peacefully and securely. But after more than 21 months of war in Gaza, the ongoing expansion of Israeli settlements in the West Bank, and Israeli officials declaring designs to annex occupied territory, it is feared a Palestinian state could be geographically impossible. The war in Gaza started following a deadly attack by Hamas on Israel, which responded with a large-scale military response that has claimed tens of thousands of Palestinian lives. The conference is a response to the crisis, with Palestinian Prime Minister Mohammad Mustafa and several dozen ministers from around the world expected to attend. It is coming at a moment when "the prospect of a Palestinian state has never been so threatened, or so necessary," Barrot said. Call for courage Beyond facilitating conditions for the recognition of a Palestinian state, the meeting will have three other focusses -- reform of the Palestinian Authority, disarmament of Hamas and its exclusion from Palestinian public life, and normalisation of relations with Israel by Arab states that have not yet done so. No new normalisation deals are expected to be announced at the meeting, according to a French diplomatic source. But "for the first time, Arab countries will condemn Hamas and call for its disarmament," Barrot said. The conference "offers a unique opportunity to transform international law and the international consensus into an achievable plan and to demonstrate resolve to end the occupation and conflict once and for all, for the benefit of all peoples," said Palestinian ambassador to the UN Riyad Mansour, calling for "courage" from participants. Israel and the United States will not take part in the meeting, while international pressure continues to mount on Israel to end nearly two years of war in Gaza. Despite "tactical pauses" in some military operations announced by Israel, the humanitarian catastrophe in the ravaged coastal territory is expected to dominate speeches by representatives of more than 100 countries as they take the podium from Monday to Wednesday. Gowan said he expected "very fierce criticism of Israel." (FRANCE 24 with AFP)