By Nandita Bose, Brad Brooks and Nate Raymond

WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that his administration had reached a deal with Harvard University after months of negotiations and that the Ivy League school will pay $500 million.

“Linda is finishing up the final details,” Trump told reporters at an event in the Oval Office, referring to Education Secretary Linda McMahon. “And they’ll be paying about $500 million and they’ll be operating trade schools. They’re going to be teaching people how to do AI and lots of other things, engines, lots of things.”

Cambridge, Massachusetts-based Harvard had no immediate comment on Trump’s remarks.

The Trump administration has threatened schools, universities and colleges with the withholding of federal funds over issue

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