US President Donald Trump says a framework agreement between the United States and Iran will avert “economic catastrophe.” Multiple reports cite a senior US administration official confirming that the details of the framework are in place and that the agreement is due to be formally signed in Switzerland. The coverage indicates the next step is an official signing ceremony after the framework is finalized, rather than an immediate, fully implemented accord. The reports describe the agreement in terms of its economic impact, reflecting the US president’s characterization that the arrangement prevents a serious downturn. Both sources present the announcement as part of the process leading to the formal signing, and both rely on confirmation from a senior US administration official about the framework’s status and timing. No additional terms of the framework agreement are provided in the excerpts shared. The reporting focuses on the US announcement and the scheduled signing location, with attention on the claimed economic implications of reaching the framework agreement.