'Consequences are very steep': Trump gives update on US-Iran talks; follows it with stark warning

Feb 7, 2026 - 10:30
'Consequences are very steep': Trump gives update on US-Iran talks; follows it with stark warning

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President Trump has signed an executive order allowing tariffs on countries trading with Iran, citing a 25% example. This move comes as Trump described ongoing US-Iran talks as "very good" and expressed optimism about a potential deal, while also warning of "steep consequences" if negotiations fail. The administration aims to hold Iran accountable for its nuclear program and regional destabilization.

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