President Donald Trump announced on Wednesday that the United States will collaborate closely with Iran and discussions are underway regarding tariff and sanctions relief. This statement comes following the declaration of a two-week ceasefire.
Trump, who had previously threatened a full-scale assault on Iran, backed away from the brink just two hours before the deadline he had set for Tehran to open the blockaded Strait of Hormuz.
"We are, and will be, talking tariff and sanctions relief with Iran," Trump stated in a social media post.
Despite the positive response to the ceasefire in Iran and global financial markets, key differences between Washington and Tehran remain unresolved as both sides maintain competing demands for a potential peace agreement.
In another social media post, Trump expressed his administration's commitment to working closely with Iran in the wake of the ceasefire facilitated by Pakistan.
"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. He emphasized that there would be no uranium enrichment and that the U.S. would collaborate with Iran to locate and remove nuclear materials.
Trump also mentioned that discussions on tariffs and sanctions with Iran were ongoing, with many points of agreement already reached.
Furthermore, Trump warned in a separate post that any country supplying military weapons to Iran would face an immediate 50% tariff on all goods sold to the United States, effective immediately and without exemptions.
Prime Minister Shehbaz Sharif disclosed that the U.S. and Iran, along with their allies, have agreed to an immediate ceasefire in all regions, including Lebanon, effective immediately. He extended an invitation for U.S. and Iranian delegations to negotiate a conclusive settlement in Islamabad on April 10, 2026.
Trump's decision to agree to the two-week ceasefire came shortly before his deadline for Iran to reopen the Strait of Hormuz or face severe consequences. The agreement was contingent on Iran halting its blockade of oil and gas supplies through the strait, a crucial route for global oil shipments.
The conflict, now in its sixth week, has led to more than 5,000 casualties across nearly a dozen countries, with significant civilian casualties in Iran and Lebanon.
Trump's announcement marked a significant shift from his earlier warnings of dire consequences if his demands were not met, signaling progress towards a long-term peace agreement with Iran and stability in the Middle East.
