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President Donald Trump said Sunday that the U.S. was “semi-negotiating” with Iran amid reports from Iranian state media that no formal negotiations were underway between the two countries.
“We are low-keying it,” Trump said during a brief phone call with Axios on Sunday.
President Donald Trump participates in a roundtable on the American mining industry at the US Department of State in Washington, August 7, 2026.
Kent Nishimura/AFP via Getty Images
“We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money,” Trump added, Axios reported.
Iran confirmed earlier Sunday that “messages were being exchanged” through intermediaries but declined to call them negotiations.
“Trump stressed that Iran ‘is in very bad shape’ economically and has no money to pay its troops,” according to Axios, and further said “the U.S. naval blockade has exacerbated the Iranian regime’s economic crisis.”
“It will work out. It always works out. It’s like a chess game,” the president also said, according to Axios.
-ABC News’ Nicholas Kerr
