The G7<\/a> statement says future negotiations with Iran would benefit from the involvement of a wider group of regional and international actors including the UN nuclear weapons agency, the IAEA.<\/p>\n Trump is under attack, including from some of his domestic supporters, for conducting a war against Iran that has ended in a negotiated deal that has met hardly any of its original objectives.<\/p>\n At a side meeting at the French-hosted G7 meeting in \u00c9vian-les-Bains on Wednesday, he promised that if Iran misbehaved he would \u201cgo back to dropping bombs right smack in the middle of their head\u201d.<\/p>\n He angrily rejected suggestions that the US would be contributing to a $300bn (\u00a3224bn) investment fund for Iran but did not deny its existence, instead saying payouts by Gulf states were likely to be conditional on Iran\u2019s good behaviour.<\/p>\n \u201cAnyone who wants to can invest. What do you expect me to say, no one is allowed to invest? But we\u2019re not investing; we\u2019re not putting up even 10 cents,\u201d he said.<\/p>\n \u201cIf they [others] want to, they can make this investment. What should I say, no one can ever invest in this country?\u201d He added: \u201cI don\u2019t think the Gulf countries will do this for a while, until they see Iran\u2019s behaviour; this is a matter of behaviour.\u201d<\/p>\n Praising the deal he had struck and claiming no previous US president had been as tough on Iran as him, he said: \u201cThere is nothing as smart as the market and the market loves it.\u201d<\/p>\n Trump said: \u201cThe alternative would be a worldwide depression\u201d, arguing that if he had not struck a deal, \u201cthe strait [of Hormuz] would never have been opened. They don\u2019t like floating billion-dollar ships up and down the strait when their rockets are flying overhead and there are mines all over the place.\u201d<\/p>\n He claimed the price of oil per barrel had fallen to $72 \u2013 Brent crude dipped below $80 on Tuesday \u2013 and would soon fall below the level it had been at before the war.<\/p>\n The G7 proposal for further talks involving European leaders about Iran\u2019s ballistic missiles and support for proxy forces is bound to be rejected by Iran. Tehran has been negotiating exclusively with the US and regards Europe<\/a> as largely irrelevant.<\/p>\n Iran is also likely to reject France and Britain\u2019s plan for a taskforce to escort ships through the strait of Hormuz, a proposal endorsed in the G7 leaders\u2019 statement.<\/p>\n Mark Carney, right, the Canadian prime minister, hailed Trump\u2019s signing of the G7 joint statement calling for further economic pressure on Russia. Photograph: Christopher Katsarov\/Canadian Press\/Shutterstock<\/p>\n
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Is Trump\u2019s Iran deal embarrassing for the US? \u2013 The Latest<\/p>\n