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history in the making President Trump has officially now signed the "memorandum of understanding" which seems to be very misunderstood with Iran at the Versailles of all places. Now this multi-point performance is based, it's a base plan that now is in full effect and a formal signing we expect to take place in two days. Now here are the main takeaways. The Strait of Hormuz will be free, it will be clear there will be no tolls. Iran will never ever have a nuclear weapon. If they uphold the terms of this working memorandum, although it's not really relevant to what's been going on, Iran will be rewarded with sanctions relief. The choice ultimately will be theirs. If they break the terms, well, President Trump said it pretty well, very clear, unambiguous, hell will rain down on the IRGC. Take a look. "The only thing that really matters to me is Iran will never have a nuclear weapon. And it says it loud and clear, they're not going to develop it, they're not going to buy it, they're not going to do anything with it. And if they do, they suffer unbelievable consequences. They will not develop, purchase, buy or any other thing, they're not going to acquire a nuclear weapon. If they do, all hell will rain down on them." All hell will rain down on them. Now today, the president reiterated that commitment to blowing up Iran if in fact they do break the terms of this deal. He cannot be any more clear. Take a look. "I let him know. He said, 'Look, if you don't adhere to the agreement, I don't want to do that, but we're going to bomb the hell out of you. And I don't think that they're going to veer from the agreement. What else am I going to do? Am I going to say I'm going to take you to court? Let me take you to court. Let me sue you. No, we're going to bomb the hell out of them if they violate the agreement.'" Now I had a conversation with the president, I've talked to Steve Whitcoff, I've talked to others in the administration. There is so much more under the surface that has already been discussed in deep detail surrounding Iran and this working agreement. I see many people reacting to the memorandum itself that are completely ignoring those words of Donald Trump that he has no problem at all. He said it to me directly, going back and bombing any time he wants. And the guy, by the way, that wrote The Art of the Deal, well, he's been pretty clear where the red lines are. There's no ambiguity here. To me, his words are more impactful than any memorandum if you want to know what is in the president's head and what he's thinking. But anyway, he's a trust but verify guy anyway. So at the end of the day, if Iran doesn't comply, they have been told three times in two days what is to come. And it's not reconstruction. It's not one American taxpayer dollar. It's not sanctions relief that will, you know, that their country desperately needs. And hell will rain down from the sky. Who do you want to believe?

Transcribed automatically. Expect errors in names and numbers.

we we Trump just landed in Paris after the g7 47 swung through the French Capitol to commemorate America 250 the Treaty of Paris ended the Revolutionary War they toasted the occasion in the world's largest royal palace we're going to Versailles for dinner with some of Europe's great people and we'll see how that works out I think it'll be very good the president will be there with madam and I think we're gonna have a good time the president signed another treaty at dinner more on that in a sec but the Europeans are already telling 47 merci I think I think I was right I'm sort of always right they do call him daddy but they can also call him this they gave the boss a big gift the EU trade deal we raised tariffs on him and they dropped a bunch of tariffs on us to zero monies being made and love was in the air he was in a hotel and I met him and we fell in love deeply in love and he didn't even want to see Hillary he said you're gonna win I don't want to meet her so you're gonna win he didn't want to see you remember that the atmosphere was intoxicating deals seem to turn Trump on you know deals are amazing I've done them all my life I've got into deals that were a hundred percent and they don't happen I've got into deals that there was no chance of getting them done and it happens and they happen easily so you never know what deals do you but you're gonna find out pretty soon I think it'll be done they want to sign they want to get back to a normal life and Fox News alert president Trump just signed the Iran deal over dinner he said it they snapped a pic of the sheet and emailed it to the gay Ayatollah without Wi-Fi he'll probably get it Friday and primetime just got our hands on the deal we've read it three times it's only two pages the headline Iran's nuke program is over forever the mullahs have agreed at the very least that they're enriched uranium stockpiles will be destroyed on site and that the International Atomic Energy Agency which means us will supervise since Iran can't dig it out we'd be the ones doing it they only get sanctions relief after the dust is destroyed and if Iran backs out they've still agreed that they'll maintain the current status quo of their nuclear program and the status quo is they have no new program the uranium is buried the centrifuges shattered and their scientists are all dead so status quo is still bueno even then Iran agreed to this quote we shall not procure or develop nuclear weapons and if Iran so much as comes near the sites it'll be trouble we have space force cameras on every single door every so well there are no doors have been pretty well shattered but every area of that if somebody walks in and he's got a badge with his name on it like Mohammed something which is about a 50/50 guess Mohammed something they can tell the name they can give you a serial number moving on the straight immediately opens no attacks no tolls and we slowly lift the blockade Iran's allowed to sell oil again that means two things one the price of oil is gonna fall so we'll gas prices and inflation here and to China can't buy sanctioned Iranian oil at a discount anymore they have to pay full price oil closed a day in the 70s which was the exact same price it traded at before the war so we're back and here's where it gets a little cute it says after 60 days Iran can talk to Oman and the Gulf States about how to manage the strait under international law now people are saying that that means Iran can go back to tolling now tolling the strait is illegal under international law and the Gulf States would never agree to tolling they just put that language in there so that Iran can save face and this just in for the first time since the start of the war Iran didn't fire at a single vessel in the strait it's a pretty good signal next there's going to be a 300 billion dollar fund where Gulf neighbors not us Gulf neighbors will invest in rebuilding Iran any relief they receive under this deal they'll have to get based on merit and it won't be from us we don't have to give them anything but some people may want to invest like what are you gonna do say you can never ever invest in a country I mean it's pretty tough they need investment because we did a trillion and a half maybe two trillion dollars worth of damage so somebody's gonna have to help them out this isn't free money the deal says that we control who does business in Iran quote we grant all required licenses waivers and permissions needed that means if Iran screws around they don't get any investments their country doesn't get rebuilt usually after we win wars we like to rebuild the loser Japan Germany the south after the Civil War when neighbors do business they usually don't go to war because war is bad for business that's the thinking here next in terms of sanctions the United States will only lift sanctions as a part of the final deal that means not now that means when the dust's been destroyed and Iran signs the final deal which is only gonna get tougher the deal also says the United States won't be reducing our force posture until the final deal is signed that means the two carrier strike groups remain in position locked and loaded also Iran has to keep their dog on a leash Hezbollah has to stand down if they attack Israel Israel can hit back and hit back hard but Israel they have to behave too we have a little dispute over Lebanon and I say you can do a little softer touch maybe they're off to knock down a building every time somebody walks into it that's from Hezbollah a senior official tells primetime that Netanyahu thinks the deals a home run if Iran complies but he's skeptical here's the bottom line they'll never have a nuclear weapon the straights open the ayatollahs dead their military is whipped and we did it in three months with no ground troops and Muhammad's not getting a penny until he performs and none of these pennies are even ours and as a bonus the United States is now the world's biggest energy exporter and hopefully fingers crossed we rewired the Middle East so they make love not war and we don't have to babysit him Trump actually set the stage for peace in the Middle East in his first term by bombing the hell out of Isis and whacking Iran's top general this was years in the making you know why because I was the one that killed General Soleimani if I didn't kill General Soleimani we probably wouldn't be talking right now about this deal because he was a mad genius a lot of people forget that the tough guys you know the tough guys that would drive the country right down the tubes then Trump terminated the Obama deal and in his second term the president visited the Middle East first remember beefed up the Abraham Accords sold the Arabs AI Chaching and came home with trillions of American investments last week's airstrikes and project freedom sealed this deal American deterrence is back and the guard lost its leverage over the straight when we started secretly shepherding tankers out senior US officials tell Fox News that they don't trust the Iranians they're not in the trust business but the Iranians in private have been saying all the right things now that doesn't mean anything this is a performance-based deal if they BS us we slap back the sanctions and the blockade and maybe bombs away I don't like it we'll go back to shooting at him dropping bombs on their head I don't like it if they don't behave we'll go right back to dropping bombs right smack in the middle of their head now you're hearing a lot of noise about the deal not everyone's gonna love it I get it but Lindsey Graham and Rand Paul polar opposites both say it's good so what happens next the talks in Switzerland this weekend are critical in the first 30 days the Iranians prioritized we'll see how serious they are one thing's clear the mullahs no Trump's serious they tried to bribe their way out of it and you know what the Iranians did they laughed at Obama and they said he's a stupid son of a bitch the president's no sucker he's been a part of deals that blew up that's why he's sending JD why not stick around for the signing ceremony with this Iran peace deal I might you might yeah 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 sending this way if it works out I'm gonna take the credit if it doesn't work out I'm blaming JD you better be careful JD he's gonna turn his plane around and get the hell out of here yeah I like that idea

Transcribed automatically. Expect errors in names and numbers.