Trump Policy Tracker

Trump Iran National Emergency Declaration and Military Strikes

Trump Iran National Emergency Declaration and Military Strikes

Key Questions

What is the 'Great Settlement' signed by Trump with Iran?

The 'Great Settlement' is a deal personally signed by President Trump with Iran at Versailles that includes a 60-day negotiation window and a $300B reconstruction fund. Congress may attempt to block the agreement, and Trump has not shared the full text with Senators Thune and Cotton.

What military actions are continuing in relation to Iran?

Military strikes are ongoing despite the settlement, and oil executives have warned of potential risks to gas prices. The House has passed a war powers resolution amid these developments.

How has the MAGA base and Iranian leadership responded to the situation?

The MAGA base is in revolt over the deal, while Iranian leader Khamenei has declared U.S. defeat. Related commentary from the WSJ criticizes Trump's foreign policy for benefiting China.

Trump personally signed the 'Great Settlement' with Iran at Versailles. Terms include 60-day negotiation window and $300B reconstruction fund. Congress may scuttle deal; Trump hasn't shared text with Thune and Cotton. Military strikes continue; oil executives warn of gas price risks. House passed war powers resolution. MAGA base revolts. Khamenei declares U.S. defeat. WSJ editorial blasts deal for giving China favored passage through Strait of Hormuz. No new updates today.

Sources (1)
Updated Jul 8, 2026