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Trump says ‘we don’t need a deal with Iran’

CNBC World •
November 12, 2026 • 01:15 PM
• By Kevin Breuninger
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Trump directed Vice President JD Vance to instead focus his attention on corruption and crime in Democratic cities and states.

Trump says ‘we don’t need a deal with Iran’

The U.S. should no longer seek a deal with Iran, President Donald Trump said Thursday as he directed Vice President JD Vance to instead focus his attention on corruption and crime in Democratic cities and states.

"We don't need a deal with Iran. Those days have long since passed," Trump wrote in a Truth Social post.

"We've got their money, Hundreds of Billions of Dollars, and we've got their Strait!" Trump wrote, referring to the Strait of Hormuz, a key chokepoint in the ongoing U.S.-Iran war.

The announcement comes just over a week Republicans suffered huge losses in the midterm election. Vance and other Republicans had pinned those losses on the Iran war, which the U.S. and Israel started in late February.

This is breaking news. Please refresh for updates.

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