President Trump on Thursday said the agreement with Iran was a "very detailed" memorandum of understanding that the country's supreme leader had approved.
"It's a very strong memorandum of understanding," he told reporters in the Oval Office. "That is a little conceptual, but it's something that's going to get done."
He said the finalized deal would not allow Iran to possess a nuclear weapon, a key U.S. objective.
"They will not have a nuclear weapon.
They've agreed to that," he said.
Asked why he believed a deal would materialize this time after promising for months that a deal was on the verge of coming together, the president said, "because they've taken a pounding."
"They've taken a pounding like very few people could take.
And they want to make the deal a lot more than I do," he said. "It's a great deal for the United States and for the Middle East, and I think, ultimately, great for Iran, because they'll be able to build up their country and have a country.
I really believe it's a regime change, because I find these people to be much more rational than the people that are no longer with us."
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