KNOWINGLY
So great to have the AP fact checkers
AP FACT CHECK: Trump minimizes IS risk, distorts Iran payout
TRUMP: “Iran’s hostility substantially increased after the foolish Iran nuclear deal was signed in 2013. And they were given $150 billion, not to mention $1.8 billion in cash.”
THE FACTS: There was no $150 billion payout from the U.S. treasury or other countries.
When Iran signed the multinational deal to restrain its nuclear development in return for being freed from sanctions, it regained access to its own assets, which had been frozen abroad. Iran was allowed to get its money back. The deal actually was signed in 2015, after a 2013 preliminary agreement. Trump has taken the U.S. out of it.
https://apnews.com/6dc52b114ed34b5a58e3b9721320b5fd
The $1.8 billion is a separate matter. A payout of roughly that amount did come from the U.S. treasury. It was to pay an old IOU.
In the 1970s, Iran paid the U.S. $400 million for military equipment that was never delivered because the government was overthrown and diplomatic relations ruptured. After the nuclear deal, the U.S. and Iran announced they had settled the matter, with the U.S. agreeing to pay the $400 million principal along with about $1.3 billion in interest.