Frozen Iranian assets could be used to buy US soybeans in ‘classic Trump deal’: Vance

US vice-president floated the ‘interesting solution’ – which he said could help feed Iran’s people – following recent talks in Switzerland

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Vance unveiled the proposal before leaving Switzerland on Monday. Photo: Reuters

Iran should use funds unlocked by Washington to buy US agricultural products, according to Vice-President J.D. Vance, who said on Monday it would help feed the country’s population while making American farmers richer.

Iran has not indicated whether it would accept the terms.

Vance credited US President Donald Trump’s son-in-law Jared Kushner with the idea, which he described as a “very, very good, and very classic Trump deal”.

He added: “If Iranian assets are ever unfrozen, they’re going to go to make American farmers richer and to feed the Iranian people.”