Axios/CNN
Harry Thompson
Fri, June 19, 2026
Donald Trump has mounted a staggering defense of his peace agreement with Iran.
The president, 80, spoke with The Axios Show in an interview released Thursday, where he said that he thinks Iran's surrender is "unconditional" and that he has effected regime change, despite power landing in the hands of the ayatollah's son.
Washington and Tehran signed a memorandum of understanding earlier this week to bring an end to the fighting that has rocked the Middle East since February and sparked a global energy crisis following the closure of the Strait of Hormuz.
Trump's deal has come under fire from critics who think it has given Iran too good a hand. Economic restrictions on the country will be lifted, and it will receive "at least" $300 billion in reconstruction and development aid, which some people have described as war reparations.
Questions have been raised, too, that securing a memorandum of understanding is a far cry from the "unconditional surrender" that Trump promised when he first rained down bombs and killed Supreme Leader Ali Khamenei.
Trump doesn't see it that way.
"There are no limits," he said of his own power. "I haven't learned that lesson yet. I know there are, but there are no limits. We defeated them totally militarily."
Iran's former supreme leader, Ayatollah Ali Khamenei, was killed early in “Operation Epic Fury.” / ATTA KENARE / AFP via Getty Images
He then went one step further, claiming that the memorandum "probably is unconditional surrender."
Since the killing of Khamenei, 86, the White House and the Pentagon have banged the drum of regime change.
His son, Mojtaba Khamenei, 56, has now taken his place, and while several high-ranking officials have been killed, many of the top brass from the Islamic Republic and its military wing, the Iranian Revolutionary Guard Corps, remain.
Challenged on this, Trump stuck to the party line.
Mojtaba Khamenei, center, in Tehran, the Iranian capital. / picture alliance / picture alliance via Getty Image
"I actually think it's regime change, if you want to know the truth," he said. Asked why he thought that, he said, "Because they're different people."
He added, "They're different people. All right, Khamenei junior is different from the father."
In his eyes, the military display put on by the U.S. has shown its total power, despite not being able to break Iran's vice-like grip on the Strait of Hormuz.
"Who else could have done a blockade like that?" he said, of the U.S. counter-blockade established to prevent Iran from having total discretion over what did and did not pass through the narrow waterway. "I did a naval blockade where not one ship was able to get through. Some tried. It didn't last very long."
But still, Trump faces questions from hawks, who think the memorandum gives Iran too much breathing room.
"The only way I can get tougher is if I go in there for another two or three weeks and continue to bomb the hell out of 'em. Right?" he said. "But what does that get us? The Strait of Hormuz will not be open."
Axios cited a source who said that behind the scenes, Trump had become increasingly concerned about dwindling oil reserves. Global oil prices had already spiked, and American prices at the pump were approaching the $5 mark.
"We wouldn't have oil for months. As long as you're dropping bombs, that thing is automatically closed," he said.
Trump and Defense Secretary Pete Hegseth have cried regime change. / Evan Vucci / REUTERS
"This is the kind of thing that could cause a worldwide depression."
That mindset goes some way to explaining why he was prepared to take a deal that is less than satisfactory to those hawks.
A copy of the memorandum was leaked to NPR by an unnamed source and published Thursday.
Much of the language does not read like unconditional surrender.
"The United States of America undertakes, with regional partners, to develop a definitive mutually agreed plan with at least USD 300 billion, for the reconstruction and economic development of the Islamic Republic of Iran," one section reads.
Another: "The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral U.S. sanctions."
A third excerpt reads: "The United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MoU."
The closure of the Strait of Hormuz has sent fuel prices soaring. / Stringer / REUTERS
In exchange for Iran promising it will never have nuclear weapons, the U.S. will begin "the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran" as well as the "permanent termination of military operations on all fronts."
Still, much of the world has breathed a sigh of relief, including French president Emmanuel Macron, who, The Guardian reports, said at this week's G7 summit that it ends a "situation of great instability that had terrible consequences for our economies."
The Daily Beast has contacted the White House for comment.
Iran Threatens Strait Closure as Trump Focuses on Nickname Poll
Wiktoria Gucia
Sat, June 20, 2026
Al Drago/Getty Images
President Donald Trump's priorities are being called into question after he made a bizarre post on Saturday morning.
Just as Iran announced it was closing the Strait of Hormuz and accused the U.S. of violating the ceasefire agreement, Trump took to Truth Social to seek feedback on his derogatory new nickname for Democrats.
Trump posted a poll asking his followers, "Which do you prefer, Dumocrat or Dumbocrat?"
The 80-year-old president then offered a truly bizarre explanation of each spelling.
The president’s poll on Truth Social on Saturday morning. / @realDonaldTrump/ TruthSocial
"In one case, you simply exchange the 'e' for 'u,' so simple and precise (Many people don't know, or assume, that DUMB ends in 'b')," Trump wrote.
He continued, "In the other case, you spell out DUMB, but it seems to lose some of the identity to Democrats when done this way. Which is better?"
He ended the post with his now-familiar sign-off: "Thank you for your attention to this very important matter! President DJT."
The president has been repeatedly musing on the word "dumb" in recent months, claiming multiple times that "a lot of people don't know dumb has a 'b.'"
President Donald Trump signed the Iran deal in the Palace of Versailles, a setting more often associated with historic defeat than diplomatic triumph. / Anna Moneymaker / Pool via Reuters
An hour into the poll, Trump's followers preferred the president's spelling of "Dumocrat," which received 63 percent of the vote.
It was the same spelling Trump used earlier in the day during a posting spree in which he wrote that "Dumocrats realize how well we have done in our War against Iran."
Trump signed a memorandum of understanding with Iran on Wednesday, but it is already showing signs of falling apart, with Iran shutting down the Strait of Hormuz to maritime traffic. Critics and supporters alike have noted it falls far short of his earlier call for "unconditional surrender."
The closure of the Strait of Hormuz has sent fuel prices soaring. / Stringer / REUTERS
The agreement ends military operations, lifts U.S. sanctions on Iran, and establishes a $300 billion reconstruction fund, while Iran commits not to pursue nuclear weapons. It also sets out a phased U.S. withdrawal from its naval blockade of the Strait of Hormuz within 30 days.
Iran said Saturday it was closing the Strait of Hormuz in response to continued Israeli strikes in Lebanon.
Negotiations between the U.S. and Iran to implement a peace deal were due to take place in Switzerland on Friday but were postponed.
Vice President JD Vance, who was set to lead the talks, did not travel to Switzerland. Instead, he said that Trump's son-in-law, Jared Kushner, and special envoy Steve Witkoff were on the ground and "dealing with some of the technical elements of this negotiation."
Trump has joked that he will blame the vice president if the deal falls through.
"If it works out, I'm going to take the credit," Trump said. "If it doesn't work out, I'm blaming JD."