President Donald Trump said the United States will not provide a reconstruction fund to Iran as part of a peace deal.

The denial comes amid reports that the U.S. would offer direct financial aid to Tehran, a move that would represent a significant shift in American foreign policy and economic leverage in the region.

Speaking during the G7 summit in France on June 16, 2026 [1], Trump said conflicting reports regarding the scale of the alleged payment. Some reports suggested a payout of $300 million [2], while others cited a much larger reconstruction fund of $300 billion [3].

"It's fake news. The United States is not paying Iran $300 million," Trump said [4].

Trump said the reports of a $300 billion reconstruction fund are "completely fabricated" [5]. He said there will be no direct U.S. funding for Iran and that any economic benefits the country receives will come from sanctions relief [6].

The president's comments aim to refute misinformation regarding the financial terms of the new peace agreement. While the U.S. is negotiating terms to ensure Tehran agrees to not pursue nuclear weapons, the administration maintains that these diplomatic gains will not be bought with direct cash transfers [2].

Trump's emphasis on sanctions relief over direct payments suggests that the administration intends to use the lifting of economic restrictions as the primary incentive for Iranian compliance—rather than a reconstruction grant.

“"It's fake news. The United States is not paying Iran $300 million."”

By distinguishing between direct funding and sanctions relief, the administration is attempting to maintain a 'tough on Tehran' image while still pursuing a diplomatic peace deal. This distinction is critical for domestic political optics, as direct payments to Iran would likely face severe bipartisan opposition in Congress, whereas sanctions relief is a standard tool of diplomatic negotiation.