From sanctions to soybeans: Trump pitches an unlikely US-Iran farm deal

WorldPolitics
27 Jun 2026 • 12:18 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

From sanctions to soybeans: Trump pitches an unlikely US-Iran farm deal

  • President Donald Trump announced that American farmers would soon sell crops like wheat, soybeans, and corn to Iran, claiming it would open a new market and address Iran's "humanitarian crisis."
  • Trump stated that sanctions on Iranian assets would be lifted, allowing funds to be used exclusively to purchase food and medical supplies from the United States.
  • Iran swiftly rejected Trump's claims, with officials dismissing the idea that their unfrozen assets would be used to buy U.S. agriculture and accusing the U.S. of exporting "broken promises and trash talks."
  • The U.S. agricultural sector has faced significant challenges under Trump's policies, including reciprocal tariffs, a trade war with China, and disruptions caused by the closure of the Strait of Hormuz.
  • Trump's administration has previously provided billions in bailouts to farmers and is currently seeking additional congressional funding to support them, alongside other issues like the Iran war.

IN FULL

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved