Trump Claims Iran Sustained $1.5–2 Trillion in Damage, Rules Out US Aid

US President Donald Trump estimated during a press conference at the G7 summit in Evian-les-Bains, France, that Iran has sustained between $1.5 and $2 trillion in damage from the conflict. Trump stated that while Iran needs investment to recover, the United States is not committing to providing financial assistance. He suggested that neighboring countries might help Iran rebuild, though he emphasized the scale of the damage is enormous—exceeding what most nations can afford.

Trump also addressed the economic implications of continued military action in the region. He noted that if US strikes were to resume and continue for several more days, regional shipping would remain disrupted, costing between $500 million and $700 million daily. By implication, halting the strikes allows shipping to resume, averting these substantial economic losses. Trump dismissed reports of US involvement in providing aid as "a fake story," clarifying the administration's position on assistance to Iran.

The remarks came as part of broader discussions at the G7 summit and reflect Trump's framing of the military campaign's scope and its potential economic consequences for the broader region.