Iran Awaits Trump's Policy on its Nuclear Program

This handout picture provided by the Atomic Energy Organization of Iran shows the organization chief Mohammad Eslami (R) during a ceremony to unveil a domestically-made high power radio frequency generator (AEOI)
This handout picture provided by the Atomic Energy Organization of Iran shows the organization chief Mohammad Eslami (R) during a ceremony to unveil a domestically-made high power radio frequency generator (AEOI)
TT

Iran Awaits Trump's Policy on its Nuclear Program

This handout picture provided by the Atomic Energy Organization of Iran shows the organization chief Mohammad Eslami (R) during a ceremony to unveil a domestically-made high power radio frequency generator (AEOI)
This handout picture provided by the Atomic Energy Organization of Iran shows the organization chief Mohammad Eslami (R) during a ceremony to unveil a domestically-made high power radio frequency generator (AEOI)

One of the many complex foreign policy problems that Donald Trump will inherit when he takes office in just over two weeks is Iran, according to the US Council on Foreign Relations.

Iran is on the threshold of becoming a nuclear power, its robust ballistic missile program continues to progress, and it sees the United States as the main obstacle to its domination of the Middle East, the Council wrote in an analysis.

“How will Trump respond,” it then asked, “That question is easy to answer because Trump has been consistent about his plans. He will return to his first administration’s policy of “maximum pressure.”

That effort sought to turn the economic screws on Iran by expanding US sanctions against it and ratcheting up the enforcement of sanctions already in place.

“The goal was not regime change but rather forcing Tehran to limit its nuclear and ballistic missile programs and curb support for the regional militias that made up the so-called axis of resistance,” the Council said.

It added that although maximum pressure squeezed the Iranian economy, it failed to force Tehran to the bargaining table.

The Council said even as its economy faltered and its foreign reserves dwindled, Iran continued its nuclear and ballistic missile programs, expanded its support for its regional proxies, and even launched a missile attack against a US base in Iraq in 2020.

“Would the maximum pressure campaign have paid off had the Biden administration kept it in place? Trump thinks so,” it wrote.

The Council said evidence on that score is mixed.

“Israel’s wars against Hamas and Hezbollah, and the fall of the Assad regime in Syria, have weakened Iran’s position in the region. Its proxies are fewer and weaker than just six months ago.”

Beyond that, Israel’s October retaliatory air strikes destroyed much of Iran’s air defenses, leaving it open to further military attacks.

Nuclear Program

According to the Council, that vulnerability, coupled with Iran’s economic woes and domestic unrest, may be why Iran’s foreign minister said that Iran is looking to resume nuclear talks.

By the same token, however, a maximum pressure strategy takes time to work.

“That could be in short supply, at least when it comes to Iran’s nuclear program,” according to the Council.

It said Iran intensified its uranium-enrichment efforts after Trump terminated the 2015 nuclear deal that the Obama administration negotiated.

By most estimates, it added, Iran can now build a small number of nuclear weapons within weeks of deciding to cross the nuclear threshold.

The Council on Foreign Relations also noted that other great powers will also undermine the maximum pressure policy.

“China and Russia have both skirted or ignored existing US and multilateral sanctions on Iran. They are unlikely to comply with them now unless they get something significant from the United States in return,” it said.

The Council also showed that Trump may be unwilling or unable to provide that enticement. “If Tehran believes that Beijing and Moscow have its back, resistance becomes a more feasible strategy. Tehran could even use negotiations as a way to buy time to address its vulnerabilities,” it added.

Negotiations in Good Faith

Even if Iran enters into negotiations in good faith, Trump’s efforts could stumble over deciding what deal is good enough, the Council wrote.

It said the ideological diversity of his team, composed as it is of hardliners and American Firsters, makes it likely they will argue over what Tehran needs to concede to make a deal worthwhile. That internal division could torpedo the effort to get a deal.

“All of this raises the question of what happens if talks either do not begin or, perhaps more likely, go nowhere once they do,” the Council noted.

It said calls for the US to attack Iran’s nuclear sites are likely to mount if the maximum pressure campaign does not produce quick results. “Trump will also likely hear calls that he should encourage Israel to attack Iran, though Israel lacks the capability to destroy Iran’s underground nuclear facilities.”

According to the Council, Tehran will be assessing Trump’s willingness to use military force, as well as Israel’s military capabilities, as it thinks about negotiations.

It said Iranian leaders know he ordered the assassination of Iranian General Qasem Soleimani in 2020, spoke on the campaign trail about blowing Iran “to smithereens” and has said that Israel should hit Iran’s nuclear sites.

But they also know that he campaigned against America’s “forever wars” in the Middle East while boasting, wrongly, that he is “the only president in seventy-two years” that “had no wars.”

According to the Council, resorting to military force, whether with direct US action or by encouraging Israel to attack, would be a major roll of the dice.

“It might succeed beyond its planners’ wildest dreams and usher in a new, more peaceful era in the Middle East,” it said.

Or, like the invasion of Iraq, it may open a Pandora’s Box of problems that will haunt the region and the United States for years to come, the Council showed.

But letting Iran continue its nuclear and ballistic missile programs while it rebuilds its axis of resistance has costs of its own, it noted.

Therefore, the Council said some hope that a return to the maximum pressure strategy works.

 



Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
TT

Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)

Russia's defense ministry released video footage on Wednesday of what it said was a downed drone at a briefing intended to show Ukraine tried this week to attack a presidential residence and challenge Kyiv's denials that such an attack took place. 

Kyiv says Moscow has produced no evidence to support its allegations and that Russia invented the alleged attack to block progress at talks on ‌ending the war ‌in Ukraine. Officials in several ‌Western ⁠countries have ‌cast doubt on Russia's version of events and questioned whether there was any attack. 

Video footage released by Russia's defense ministry showed a senior officer, Major-General Alexander Romanenkov, setting out details of how Moscow says it believes Ukraine attacked one of President Vladimir Putin's residences in ⁠the Novgorod region. 

Romanenkov said 91 drones had been launched from Ukraine's Sumy ‌and Chernihiv regions in a "thoroughly ‍planned" attack that he said ‍was thwarted by Russian air defenses, caused ‍no damage and injured no one. 

The video released by the ministry included footage of a Russian serviceman standing next to fragments of a device which he said was a downed Ukrainian Chaklun-V drone carrying a 6-kg explosive device which had not detonated. 

The ministry did ⁠not explain how it knew what the device's target was. 

Speaking to Reuters, Ukrainian Foreign Ministry spokesperson Heorhii Tykhyi said the footage was "laughable" and that Kyiv was "absolutely confident that no such attack took place". 

Reuters could not confirm the location and the date of the footage showing fragments of a destroyed device. The model of the destroyed device could not be immediately verified. 

Other footage featured a man, identified as Igor Bolshakov from a ‌village in the Novgorod region, saying he had heard air defense rockets in action. 


China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
TT

China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)

Beijing slammed on Wednesday countries including Japan and Australia for their "irresponsible" criticism of China's military drills in waters around Taiwan.

China launched missiles and deployed dozens of fighter jets, navy ships and coastguard vessels around the island on Monday and Tuesday in live-fire drills.

There has been a chorus of international criticism of China's drills, including from Japan, Australia and European countries.

Japan said Wednesday that China's exercises "increase tensions" across the Taiwan Strait, while Australia's foreign ministry condemned the "destabilizing" military drills.

The European Union on Tuesday said the military activity "endangers international peace and stability".

Beijing on Wednesday hit back at the remarks.

"These countries and institutions are turning a blind eye to the separatist forces in Taiwan attempting to achieve independence through military means," foreign ministry spokesman Lin Jian told reporters at a news briefing.

"Yet, they are making irresponsible criticisms of China's necessary and just actions to defend its national sovereignty and territorial integrity, distorting facts and confusing right and wrong, which is utterly hypocritical."

Lin said Beijing appreciated countries such as Russia, Pakistan and Venezuela expressing their support for China.

"We want to reiterate China's unwavering resolve for safeguarding national sovereignty, security and territorial integrity," he added.

"Any egregious provocative act that crosses the line on the Taiwan issue will be met with a firm counter from China."


Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
TT

Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran on Wednesday appointed a new governor to the central bank after the former one resigned following a record currency fall against the US dollar that sparked large protests.

The plummeting of the rial, Iran's currency, sparked the largest protests in the country in three years, with rallies that began Sunday and continued until Tuesday.

A report by the official IRNA news agency said President Masoud Pezeshkian’s Cabinet appointed Abdolnasser Hemmati, a former economics minister, as new governor of the Central Bank of Iran. He replaces Mohammad Reza Farzin, who resigned on Monday.

Experts say a 40% inflation rate led to public discontent. The US dollar traded at 1.38 million rials on Wednesday, compared to 430,000 when Farzin took office in 2022.

Many traders and shopkeepers closed their businesses and took to the streets of Tehran and other cities to protest.

The new governor's agenda will included a focus on controlling inflation and strengthening the currency, as well as addressing the mismanagement of banks, the government’s spokeswoman Fatemeh Mohajerani wrote on X.

Hemmati, 68, previously served as minister of economic and financial affairs under Pezeshkian.

In March parliament dismissed Hemmati for alleged mismanagement and accusations his policies hurt the strength of Iran’s rial against hard currencies.

A combination of the currency's rapid depreciation and inflationary pressure has pushed up the prices of food and other daily necessities, adding to strain on household budgets already under pressure due to Western sanctions on Iran over its nuclear program.

Inflation is expected to worsen with a gasoline price change introduced in recent weeks.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after President Donald Trump unilaterally withdrew the United States from it in 2018, during his first term.