Interview: Eamon Javers Interviews Donald Trump for CNBC - June 1, 2026

[The following is a written transcript of the phone call between Eamon Javers, Senior Washington Correspondent for CNBC, and Donald Trump during the afternoon of June 1, 2026. While no audio was provided, Javers provided a full transcript of his call, which is presented here. Transcript courtesy and copyright CNBC. Source: https://cqrc.al/cnbc-20260601]

Hello.

Hello, Mr. President. It's Eamon Javers here with CNBC. How are you, sir?

Hello, Eamon. What's going on, Eamon?

Well, I see that markets are moving on this idea that the Iranians say they're not going to negotiate anymore, and I wonder if you can confirm?

What does that mean they are moving?

Well the oil market, oil prices have moved dramatically more than 8% when that news crossed. So the idea is that oil is going to get more expensive if the war is not going to come to an end, because the Iranians won't negotiate. Have the Iranians told you that they're not going to negotiate, or what is your sense?

No, they haven't. They told you so, they only want to tell the fake news, Eamon. They only want to tell CNN, which, and you don't get any more fake than your company. Let's see I'm just looking at the prices, and oil went up 7%.

7%, yeah.

Well, that's part of being a negotiator, but they don't have any cards, because a lot of people would be very happy. Stock market is just down a little bit. Yeah, it's alright.

Do you think the negotiations are over now, or is this a bluff?

I don't care if they're over, honestly. I really don't care. I couldn't care less. If they're over, they're over. If they're not, you know, I think they took too much time. Frankly, I thought they started to get very boring. They were giving us what we needed, but I think I think they handled the negotiations poorly.

It took too long. I thought they were tapping us along that's all. Yeah, they were.

You think they were stalling for time?

Yeah. I thought that, yeah, I did.

So, what's the way forward now? Then, how do you get the strait open now?

I'd say there's about now, well, the strait is already open. If you think all you have to do is take a look at the many boats that have gone out of there over the last week. You do know that, you know, boats have been leaving, and we have, and we have the blockade, we blockade them, they blockaded the strait, and then we blockaded them, and our blockade is a lot tougher than their blockade.

As far as I'm concerned, they can, they can continue to lose $500 million a day, which is what they lose because of the blockade, they can continue to lose that. And so, what is their problem? Their problem is with Israel, right?

It seems to be, they're saying that they're not going to negotiate until Israel stops attacking in Lebanon. Have you, have you talked to Netanyahu about that?

No, but I'm going to ask him what's going on with Lebanon. Been fighting a long time, they've been fighting a long time.

Are you worried about oil prices --

No

Given the apparent breakdown of negotiations? No?

No, I don't worry about that, no.

And why not? Are you confident this will be over in a short time,

Yeah --

Or are you confident the oil market can ride it out?

I think the oil will be dropping like a rock in the very near, you know, the very near distance. I think oil is going to come down very much. You have 1,700 boats right now that are loaded up with oil, and that's going to be like an oil gusher. So I'm not worried about it at all, and the people understand it, and the only thing I care about, the thing I care about, I care about everything, but the thing I care about most at this point in life is that Iran will not have a nuclear weapon.

And if they want to try and have a new nuclear weapon, I will blow them up to kingdom come.

One of the things that we've seen is a real concern out there about price of gas among Americans. What's your message to Americans about the price of gas?

It'll go down very quickly as soon as it's over, and Iran will not have a nuclear weapon. Once you explain that this is all about Iran having a nuclear weapon, people are willing to pay a little bit more, and but it'll, it'll happen very quickly, and as soon as that happens, gasoline will get down to $1.85 like it was in Iowa three months ago.

I was in Iowa, was $1.85 a gallon, and when it was really getting low.

And you say when this is all over -- so how do you bring this to an end now if negotiations are not happening and the ceasefire is in place? Is there, is it time to end the ceasefire?

Well we will see. Let's say, let's say I knew exactly what, you know, what you're asking to do now, sort of. And I sort of do. Why would I tell you?

Fair enough. Fair enough. I mean, I think just global markets watch this, and they're trying to figure out, you know, what's the end game here.

Well, I think then NATO should come in and help us out, you know, because they're the ones we don't use the strait, we don't need it. We have a lot of oil, we have more oil than Saudi Arabia and Russia combined, times two, so we don't need the oil, but Europe does. We're out there doing a service for a lot of other people, primarily because we still don't think we can.

We know we can't allow Iran to have a nuclear weapon, so that's why we're doing it. That's why I'm doing it.

Have you talked to anybody in NATO about that? I mean, have they changed their tune on the strait?

They would, if I wanted them to, but they would. I want them to. We don't need them. We don't need NATO. They were very, very weak and very sad. What they said, they said we'll help you as soon as the war is over. NATO, Europe has lost its way. They have a tremendous immigration problem, and they have a tremendous energy problem, because all they want to do is build windmills all over the place, so anyway.

Well, call me. You can call me tomorrow, and I'll talk to you about it. Let's see what's going on -- okay?

Thank you, Mr. President. Really appreciate your time here.

Thank you very much.

Okay, bye bye.