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00:03:17.960Well, it is officially a war of words.
00:03:21.840The Democratic Party coming all out saying that the deal that Donald Trump has agreed to with Iran, well, is a terrible deal.
00:03:28.840It is a horrible deal and you should be disappointed in Donald Trump.
00:03:32.920Well, today, Vice President J.D. Vance, he went on offense, defending the president's historic agreement with Iran.
00:03:40.460And he laid out exactly why the administration believes this deal is a massive win for every American,
00:03:47.060as well as for stability, not only in the Middle East, but also for the global economy.
00:03:53.000Now, Vance made it clear from the beginning, this is not a giveaway to Iran.
00:03:57.780That has been the talking points of Democrats.
00:04:00.000He went on Sean Hannity's show on Fox News Channel, and he was asked about the Barack Obama deal,
00:04:06.720and Barack Obama criticizing this new deal that Donald Trump has come up with.
00:04:11.580And I want you to hear what Vance said in response.
00:04:14.560Obama took a shot and said, I don't think this deal is any better than the deal we had before.
00:04:19.360The JCPOA was dramatically different than what you were describing here tonight.
00:04:23.940And I'd ask the president, the former president, I'd say, Obama, why in the world, if it's the same thing, why is it that the Gulf Arabs hated your deal and they love our deal?
00:04:36.260They are the ones who are in the region.0.56
00:04:38.280They know what it means to enrich the worst terrorist regime in the world.
00:04:41.880And they also know what it means to turn over a new leaf and to go to a different future.
00:04:46.600So I think President Obama, he should acknowledge that the people who are closest to this, they love the Trump deal.
00:04:53.940They hate the Obama deal, and that's maybe the biggest endorsement of this plan.
00:04:58.100Now, in the interviews that J.D. Vance did, clearly trying to push back on the lies of the left and the media,
00:05:04.500one of the things that Vance made very clear is he pushed back aggressively against the claims
00:05:10.000that the United States is handing Iran literally billions of dollars just for signing the agreement.
00:05:17.520J.D. Vance said that is not what is happening here at all.
00:05:20.980And here's more of why he says the facts actually matter.
00:05:25.380To the people like me that have been very skeptical of the regime for all these years,
00:05:30.760number one state sponsor of terror, death to Israel, death to America, I'm skeptical.
00:05:37.140If this is all true, Reagan talked about this in 85.
00:05:40.860He said there might be an opportunity for peace in that region,
00:05:43.880and it might be all of these countries finally getting along.
00:05:46.960And you even expressed hope that that might be a result of this.
00:05:50.980Well, again, I'll tell you, the Gulf Coast countries under the president's leadership,
00:05:54.500they actually feel that that's possible.
00:06:02.700So we're going to walk down this pathway.1.00
00:06:04.080We're going to see how serious the Iranians are.1.00
00:06:06.000And, Sean, you asked, what if they don't meet these obligations?0.91
00:06:08.460What if they don't do what they promised they're going to do?
00:06:10.660Number one, they don't get any benefits of the bargain.
00:06:13.040And as the president would say, we have all the cards.
00:06:15.540Their economy will still be in very tough shape
00:06:18.000if they don't get the relief that they need to get in order to make progress.
00:06:22.720We're still going to have incredible military might.
00:06:25.880We're still going to have diplomatic leverage over them.
00:06:28.380We have the cards, and if they don't honor the commitment,
00:06:31.000we'll figure out what to do when we get there.
00:06:32.940Now, that was one of the biggest points that Vance wanted Americans to understand.
00:06:37.700In his words, and as the White House put it out so clearly later in the day,
00:06:41.580Iran does not get rewards up front.0.73
00:06:44.780Iran must earn any economic relief by actually changing their behavior.
00:06:51.280Now, according to Vance, the sanction relief and any broader economic opening,
00:06:56.780they're tied directly to Iran making long-term commitments to abandon any path to a nuclear weapon
00:07:03.480and also allowing international verification to confirm their compliance at all times.
00:07:10.100We are not giving them an American dollar, number one, true.
00:07:13.660and number two did the u.s ever sign off on the qataris paying them that money no we've not
00:07:20.100the agreement says they are not getting a single dime of american money that's just not what this
00:07:25.080this is what the agreement does say sean is again if the iranians behave and if there are sanctions
00:07:32.180relief and if the iranians are integrated into the world economy we would invite other countries not
00:07:37.480us but other countries to invest in their country that's fine but only if they comply with the terms
00:07:44.180of the agreement really we have an option here right the president of the united states has
00:07:48.940given us optionality which is great for the american people step back for a second their
00:07:54.200conventional military is destroyed their nuclear weapons program is destroyed the strait of hormuz
00:07:59.000is now open now we have two pathways that don't go down toll free it is open toll free and that's
00:08:03.780very explicit in the agreement. But now we have two pathways we can go down. Pathway number one
00:08:08.180is the Iranian economy continues to be strangled. We don't want that. That's not our desire. But0.54
00:08:14.080in order for them to get pathway two, which is reintegration into the world economy,
00:08:18.460they have to behave like a normal country. It's a very simple principle, actually.
00:08:22.460And what's different about this than previous iterations of the Iranian government,
00:08:27.600previous negotiations is, one, the president's negotiating from a position of strength.
00:08:32.040But number two, we're actually talking directly to them.
00:08:35.140I can tell you, Sean, if five years down the road they're going to honor that commitment because I can't predict the future.
00:08:40.180What I can tell you is if they don't honor their commitments, they don't get a dime from anybody, the United States ever, but a dime from anybody else either.
00:08:49.080Vance went on to explain that the agreement ensures that Iran will never have a nuclear weapon while simultaneously, as he mentioned, opening the Strait of Hormuz.
00:08:58.660And the second point is incredibly important.
00:09:01.140The Strait of Hormuz is one of the most critical shipping lanes on Earth.
00:09:05.060We've talked about that on this show multiple times.
00:09:08.420And a huge percentage of the world's oil supply, more than 20%, moves through that narrow passage.
00:09:14.160Now, when Iran threatened the waterway and the conflict then escalated, the energy markets, as you know, panicked.
00:09:20.540Oil prices climbed because traders feared a disruption of the global supply chain.
00:09:25.400Well, now with the agreement, expected to reopen the Strait of Hormuz without tolls or interference.
00:09:31.080Vance says Americans now can have security, and that is really important.
00:09:36.580Freedom of navigation for ships around the world and the stability for the global energy markets,
00:10:14.300And here's the thing. Yes, you're right.
00:10:16.120Sometimes when, you know, information about this deal will leak out,
00:10:20.440you'll have somebody on a propaganda channel in that country, in Iran,
00:10:24.720who will say something that isn't true.
00:10:26.640I think it's it's sort of expected. It frustrates me, too, but it's expected that some Yahoo is going to say something about the deal that is untrue.
00:10:34.580What really bothers me and frustrates me and is unexpected when the American media literally picks up talking points and propaganda from the RGC that has no support in the text of the agreement that we've actually negotiated and no basis in reality.
00:10:49.980This is good for the American people. The Iranians don't get a dime unless they behave and change their behavior.0.99
00:10:56.020and this means that iran will never have a nuclear weapon you say they don't get a dime0.83
00:11:00.640do they ever get an american dime a taxpayer dollar no so so number one first of all they
00:11:05.860never get a dime of american taxpayer money ever full stop not even close what we have said is
00:11:11.460there's a lot of economic benefit in the united states relieving a lot of sanctions and welcoming
00:11:16.500them back into the world economy there's a lot of benefit they're not american money but there's a
00:11:20.580lot of economic prosperity that can flow from that what the president said to them is we want
00:11:25.000you to be a successful country but for you to be a successful country you've got to give up on this
00:11:30.040threat you've got to give up on this desire to have a nuclear weapon and if you do that
00:11:34.400the united states is willing to have a much better relationship now you listen to what jd vance says
00:11:39.300there and he's assuring the american people that pallets of cash like went out under the obama
00:11:44.000administration well that's not going to happen and what the trump administration is saying is that
00:11:49.620peace through strength has clearly worked it's produced a framework that achieves several major
00:11:54.840objectives. Number one being that Iran remains blocked from obtaining a nuclear weapon. Number
00:12:01.640two, the Strait of Hormuz is reopened, protecting global commerce and lowering pressure on energy
00:12:07.640prices. Number three, America is not writing a blank check to Tehran. Any economic benefits
00:12:14.840are contingent on Iranian compliance. And number four, the agreement creates pathway to a more0.91
00:12:22.760stable Middle East without a prolonged military conflict. Now, there are still technical
00:12:28.660negotiations ahead. In the full text, the agreement has not yet been seen by the public.
00:12:34.820But what Vance said is the administration intends to release the text so the American people can
00:12:39.760read it for themselves. A lot of this is because of how much the media has been pushing Iranian
00:12:46.200propaganda. And yet again, President Trump showing that transparency is what his administration
00:13:22.060The Nasdaq exploded higher by more than 3%, and the S&P climbed 1.7%, and the Dow Jones Industrial Average jumped nearly 470 points as investors celebrated the prospect of lower energy costs and reduced geopolitical risk, as well as a more stable global economy.
00:13:44.200and perhaps the biggest story for everyday americans happens in the oil markets oil prices
00:13:50.800collapse now why does that matter because oil is the lifeblood of the global economy
00:13:57.280when all prices rise everything gets more expensive the cost to fill up your car the price
00:14:04.200of groceries shopping costs airline tickets and president trump knows that and for months
00:16:40.660Lower oil prices mean lower inflation pressure.
00:16:43.900And lower inflation pressure is exactly what American consumers have been demanding.
00:16:49.360After years of battling higher prices, it's really why Donald Trump was elected.
00:16:54.000Well, the stock market they're celebrating today is liberals are crying.
00:16:59.460The oil market is falling, and that means good things for everyone.
00:17:03.700So regardless of what the Democrats say, what we're witnessing right now is this.
00:17:09.240The markets are betting that this deal could mean cheaper energy, stronger consumer confidence, and a major economic win for every American.
00:17:19.480In fact, that's exactly what the world markets are saying as well.
00:17:23.340So yes, Democrats are going to try to score points and tell you the deal is bad.
00:17:28.200But Wall Street and the economic markets, they're reading the fine print.
00:17:32.460And what they're celebrating is a deal that gets Americans and the rest of the world moving in the right direction.
00:17:38.860Thank you for listening to the 47 Morning Update with Ben Ferguson.
00:17:43.260Please make sure you hit subscribe wherever you're listening to this podcast right now.
00:17:48.160And for more in-depth news, also subscribe to the Ben Ferguson podcast, and we will see you back here tomorrow.
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