Loading summary
A
Foreign. 2026 A senior US official read the text of the 14 point memorandum of understanding with Iran over the phone to reporters today, and there's a reason it has ignited a firestorm. A memorandum of understanding is usually a non binding agreement outlining shared goals and intentions. But in this case, although there is much vague or confusing language in the text, what the White House says is an MOU actually has firm language in it. First of all, after months of the White House insisting Trump does not need congressional approval for his strikes against Iran because they did not constitute a war, the MOU straight up calls the conflict the current war. The MOU commits the US and Iran and their allies to stop military operations on all fronts, including in Lebanon, a reference to Israel's bombing of what it says are Hezbollah camps there. Israel has suggested it will not consider itself bound by any such agreement, but as Anton Trionvoski points out in the New York Times, the language will enable Iran to pressure the US over Israeli attacks in Lebanon or Israel's occupation of southern Lebanon in what Israel calls a security zone. The MOU says the US will terminate all types of sanctions against Iran and it lifts the US blockade of Iranian ports, giving Iran the access to world trade the US previously prevented in order to pressure the regime. It also permits Iran to begin selling oil immediately on on the world market. The MOU says Iran will use its best efforts, not a guarantee for the safe passage of commercial vessels through the Strait of Hormuz with no charge for 60 days only. It continues, Iran and Oman will decide how to define the future administration and maritime services in the Strait of Hormuz, an indication that Iran intends to charge fees for transit of the strait. The MOU says the US will thaw frozen Iranian assets immediately and also develop a definitive, mutually agreed plan with at least $300 billion for the reconstruction and economic development of Iran to repair the damage from US and Israeli strikes. It says the US will grant all required licenses, waivers and permissions needed for the relevant financial transactions, apparently readmitting Iran to full participation in world financial markets. In exchange for these concessions, Iran reaffirms in the MOU that it will not try to develop or procure a nuclear weapon. That word reaffirms is important. It signals that Iran is simply reiterating what it said in the 2015 Joint Comprehensive Plan of Action, or JCPOA, that Trump tore up in 2018. But unlike the JCPOA, the MOU contains no language about a process to guarantee Iran's promise not to pursue a nuclear weapon when A reporter asked Trump about that absence. He said that what would guarantee Iran's compliance is fear of renewed US bombing. But Iran has shown it can withstand such attacks and in any case, the US has no stomach for them. It looks as if Trump's war on Iran has cost the US the lives of 13 service members, injuries to 400 more, and at least $132 billion so far in immediate costs, lost income and higher consumer costs, only to leave the US in a significantly worse place. With regard to Iran than before Trump started bombing, the costs to the world have been significantly higher in terms both of lives, beginning with more than 175 Iranian school children and their teachers and of economies. Journalist David Schuster reported that the Iranian government is declaring total victory. Former Secretary of State Antony Blinken Posted by President Trump's own terms the war is a failure. The Iranian regime is intact and its military wing more empowered, while the Iranian people are more impoverished, repressed and desperate. The only achievement of the ceasefire is the likely reopening of the Strait of Hormuz, which was open before the war started, and we will apparently pay Iran to do so. Don't expect to return to normal anytime soon, if at all, he warned In a press opportunity today in France, where he was attending The Group of Seven or G7 conference, an informal forum of industrialized democracies, Trump twice told reporters that he didn't want to be like President Herbert Hoover, although he got the history of Hoover's role in the Great Depression wrong. Trump's point seemed clear. He didn't want to be the person to trigger an economic catastrophe. And therein lay the rub for Trump and his war on Iran. So long as Iranian leaders could credibly threaten the passage of ships through the Strait of Hormuz, they could throttle about a fifth of the world's oil supply and much of its fertilizer, plunging the globe into crisis. The terms of the MOU heavily favor Iran, but the Strait gives its leaders leverage over Trump and the U.S. this was precisely the scenario that past U.S. presidents sought to avoid by negotiating with Iran rather than bombing it. Selling the MOU in the US is going to be rough. When a reporter asked Trump today why he didn't stick around for the signing ceremony with this Iran peace deal, the famously camera courting president answered, I might, but I'd rather this is a memorandum of understanding. It's very important, but it might not be the kind of a document that I should be signing. The reporter responded, there is some element to this where you send the vice president if it works out, great, you look like a genius for sending him. If it doesn't work out, it's the vice president's fault. Trump responded, I like that idea. This way, if it works out, I'm going to take the credit. If it doesn't work out, I'm blaming J.D. you better be careful, J.D. he's going to turn his plane around and get the hell out of here. Yeah, I like that idea. I think that's a good idea. Mega lawmakers like Senator Tommy Tuberville, a Republican of Alabama, seemed willing to go along with the measure, saying, I trust President Trump, I trust Vice President Vance. We don't need to listen to anybody up here on Capitol Hill. Let's trust these two. But John Neefel of Media Matters reported that MAGA figures who have been all in on the war on Iran are revolting against the mou. Trump's Iran deal gives the Islamic Republic big wins up front and America nothing, wrote the New York Post. Journalist David Schuster reported that Republican senators are furious with Trump. Senator Bill Cassidy, a Republican of Louisiana who lost his primary to a Trump backed challenger a month ago, posted. Reagan is rolling over in his grave Iran's nuclear ambitions were not curbed and they have learned that threatening the Strait of Hormuz works and will undoubtedly leverage it in the future. Now Iran gets to build brand new infrastructure under this deal. Before the war, the strait was open, Iran was being crushed by sanctions and 13 service members were still alive. Now 13Americans are dead, families have paid billions at the pump, sanctions will be lifted and the bombing has stopped. This is the worst foreign policy blunder in decades. By tonight, Trump loyalist Senator Roger Marshall, a Republican of Kansas, was defending the idea of Iran having missiles, despite the fact that ending Iran's missile program was one of Trump's stated reasons for starting the war in the first place. Marshall told CNN's Kaitlan Collins that he preferred that they not have missiles, but that the key issue is that they have to be able to defend themselves. National security scholar Joseph Stib posted. It's like the last 40 years of the Republican Party's foreign policy didn't happen. After setting Vance up to take the fall for the deal tonight at a dinner with French President Emmanuel Macron at the palace of Versailles, Trump signed the MOU and himself. It was a moment when a knowledge of history would have been useful. As Midas Touch noted, it was at Versailles after World War I that the Allied powers forced Germany to sign the Treaty of Versailles, one of the most famous surrender documents in modern history. Earlier in the day, asked by a Midas touch reporter about Trump's cognitive decline at the G7, Senator Jon Ossoff, a Democrat of Georgia, said, the president has been humiliated on the world stage, and many Americans are increasingly concerned about his stability and his capacity in the office. It's deeply distressing to Americans across the political spectrum to see a president so incompetent and so incapable attempting and failing to represent the nation internationally over a gif of James Bond saying, he's quite mad, you know. National security scholar Tom Nichols called today the weirdest and most astonishing day in US Foreign policy in decades.
B
Letters from an American was written and read by Heather Cox Richardson. It was produced at Soundscape Productions, Dedham, MA. Recorded with music composed by Michael Moss.
Host: Heather Cox Richardson
Date: June 18, 2026
This episode explores the political and historical ramifications of a newly unveiled Memorandum of Understanding (MOU) between the United States and Iran. The agreement, read to reporters by a senior US official, has sparked intense controversy in Washington and internationally. Richardson delves into the terms of the MOU, the political fallout for President Trump, reactions from key political figures, and the wider historical context – positioning this as one of the most unusual days in US foreign policy in decades.
Nature of the Agreement:
Richardson highlights that, while MOUs are typically non-binding and vague, this one contains unusually firm language and significant concessions by the US.
"What the White House says is an MOU actually has firm language in it… the MOU straight up calls the conflict the current war."
(00:40 – HCR)
Ceasefire Commitments:
The MOU requires the US, Iran, and their allies to halt all military operations, naming Lebanon specifically and impacting Israel—though Israel refuses to be bound by the deal.
Sanctions and Economic Concessions:
The US will terminate all sanctions against Iran, immediately lift its blockade of Iranian ports, and allow Iran to resume oil sales globally.
Maritime Passage:
Iran will use its "best efforts" (not a guarantee) to ensure safe transit through the Strait of Hormuz, with free passage for 60 days before potential fees. Future administration of the Strait will be co-decided by Iran and Oman, indicating possible Iranian tolls thereafter.
Reconstruction Aid:
The MOU commits to developing a $300+ billion plan for Iran’s reconstruction, granting necessary US permissions for global financial re-engagement.
Nuclear Language:
Iran "reaffirms" (but does not renew) its pledge not to pursue nuclear weapons, echoing — but notably not expanding – commitments under the now-defunct 2015 JCPOA.
"[The MOU] contains no language about a process to guarantee Iran's promise not to pursue a nuclear weapon... Trump said that what would guarantee Iran's compliance is fear of renewed US bombing."
(03:40 – HCR)
US Losses:
At least 13 American service members killed, 400 injured, and substantial economic costs totaling at least $132 billion.
"It looks as if Trump's war on Iran has cost the US the lives of 13 service members, injuries to 400 more, and at least $132 billion so far..."
(05:10 – HCR)
Global Impact:
Over 175 Iranian schoolchildren and teachers died. The world economy and global oil supplies also suffered, leading to higher consumer prices.
Political Judgments:
David Schuster reports Iran declaring "total victory."
Antony Blinken, former Secretary of State:
"By President Trump's own terms the war is a failure. The Iranian regime is intact and its military wing more empowered, while the Iranian people are more impoverished, repressed and desperate."
(05:30 – citing Blinken)
Trump’s Rationale:
At the G7 in France, Trump expresses a desire to avoid being "like Herbert Hoover" (misstating Hoover’s historical role) and worries about causing an economic catastrophe by mishandling oil supply threats.
"He didn't want to be the person to trigger an economic catastrophe. And therein lay the rub for Trump and his war on Iran."
(07:00 – HCR)
Strait of Hormuz as Leverage:
The MOU gives Iran substantial leverage over the global economy, locking the US into a reactive position.
Trump’s Political Calculus:
Trump jokes about sending Vice President J.D. Vance to sign the MOU so that credit or blame will fall on him:
"If it works out, I'm going to take the credit. If it doesn't work out, I'm blaming J.D. you better be careful, J.D. he's going to turn his plane around and get the hell out of here. Yeah, I like that idea."
(07:45 – quoting Trump)
MAGA Support & Rebellion:
Senator Tommy Tuberville (R-AL):
"I trust President Trump, I trust Vice President Vance. We don't need to listen to anybody up here on Capitol Hill. Let's trust these two."
(08:14 – quoting Tuberville)
But staunch MAGA media and right-wing lawmakers revolt:
"Trump's Iran deal gives the Islamic Republic big wins up front and America nothing."
(08:17 – quoting New York Post)
Senate Backlash:
Senator Bill Cassidy (R-LA), having lost his primary to a Trump ally, posts:
"Reagan is rolling over in his grave Iran's nuclear ambitions were not curbed and they have learned that threatening the Strait of Hormuz works and will undoubtedly leverage it in the future."
(08:56 – quoting Cassidy)
Shifting Rhetoric:
Senator Roger Marshall (R-KS) defends Iran’s missile rights—contradicting previous GOP policy—telling CNN:
"[Marshall] preferred that they not have missiles, but that the key issue is that they have to be able to defend themselves."
(09:20 – paraphrased)
Commentary:
Joseph Stib, national security scholar:
"It's like the last 40 years of the Republican Party's foreign policy didn't happen."
(09:34 – quoting Stib)
Venue Symbolism:
Trump ultimately signs the MOU in Versailles, the site of the Treaty of Versailles after WWI — a sardonically apt location associated with historic surrender.
"...it was at Versailles after World War I that the Allied powers forced Germany to sign the Treaty of Versailles, one of the most famous surrender documents in modern history."
(10:12 – HCR)
Democratic Critique:
Senator Jon Ossoff (D-GA):
"The president has been humiliated on the world stage, and many Americans are increasingly concerned about his stability and his capacity in the office. It's deeply distressing..."
(10:32 – quoting Ossoff)
Expert Judgment:
Tom Nichols:
"Today [was] the weirdest and most astonishing day in US Foreign policy in decades."
(10:50 – quoting Nichols)
On the MOU’s language:
"What the White House says is an MOU actually has firm language in it… the MOU straight up calls the conflict the current war." (00:40 – HCR)
On the cost:
"Trump’s war on Iran has cost the US...and left the US in a significantly worse place with regard to Iran than before Trump started bombing." (05:10 – HCR)
On the Versailles setting:
"...it was at Versailles after World War I that the Allied powers forced Germany to sign the Treaty of Versailles, one of the most famous surrender documents in modern history." (10:12 – HCR)
On Republican splits:
"It's like the last 40 years of the Republican Party's foreign policy didn't happen." (09:34 – Joseph Stib)
On Trump's calculation:
"If it works out, I'm going to take the credit. If it doesn't work out, I'm blaming J.D." (07:45 – quoting Trump)
Richardson’s narration is analytical and critical, contextualizing the day’s events in US history and highlighting deep ironies in current Republican foreign policy. She weaves quotes and reported dialogue to illustrate the rapid political shifts and enduring controversies, sharpening the narrative with memorable moments and stark contrasts.
For more context and history, visit heathercoxrichardson.substack.com.