Donald Trump stated that the U.S.–Iran ceasefire memorandum is effectively over and simultaneously threatened to cut all trade ties with Spain over defense and security disputes. The comments suggest a more confrontational U.S. foreign policy approach, although no official policy actions have yet been announced.
U.S. President Donald Trump said during the NATO Summit on July 8 that he believes the U.S.–Iran ceasefire memorandum has effectively come to an end, according to China’s Xinhua News Agency. No additional details were provided regarding the legal or diplomatic status of the memorandum.
Trump also escalated tensions with Spain, reportedly instructing Treasury Secretary Scott Bessent to terminate all trade relations with the country. He criticized Spain for refusing to increase defense spending to NATO’s 5% of GDP target and for not allowing U.S. forces to use Spanish military bases during recent operations against Iran.
The remarks signal a tougher U.S. stance toward both Iran and some NATO allies. If translated into policy, they could increase uncertainty in transatlantic trade and complicate diplomatic efforts surrounding Middle East security.