ONCE again, through gritted teeth, President Donald Trump has granted a stay of execution for the Iran nuclear deal brokered by his predecessor, Barack Obama. But this is the last time he will do so, he announced on January 12th. This fresh reprieve for the Iran agreement—which on the campaign trail Mr Trump called “the worst deal ever” and promised to tear up—highlights the dilemma faced by America’s closest allies, notably in Europe.
A big part of Mr Trump’s climb-down is due to public pressure from allies such as Britain, France and Germany, whose governments made clear that they think this deal is the best available; they would not join Mr Trump in negotiating a replacement if he blows this one up. But even as he swallowed his pride and signed off on an extension for the agreement for a further 120 days, the president said that he would still walk away from the deal if it is not toughened by allies and by Congress, and soon.
In part as a face-saving measure, Mr Trump imposed new sanctions that target 14 Iranian…
Source:: The Economits – United States