Surprisingly, as we get closer and closer to the 45th president’s decision, very little is being reported on it.
What am I talking about?
The Iranian Nuclear Deal.
The Iranian nuclear deal, formerly known as the Joint Comprehensive Plan of Action (JCPOA), was struck in 2015 between Iran and China, the US, UK, Russia, France and Germany.
It was designed to limit Tehran’s nuclear program in return for the lifting of economic sanctions.
The Iranian Nuclear Deal has looked very fragile !!! since the election of Donald John Trump in November 2016 but, so far, the current president has been persuaded to leave the agreement alone.
That position is NOT likely to last much longer!!!
Trump has repeatedly criticized the deal, opposing terms that would allow Iran to gradually reinstate its nuclear activities [the so-called “sunset clauses”], and accusing Iran of violating the terms of the agreement.
You’ll remember, in January, Trump demanded that France, Germany, the UK and the US Congress “fix” ?!?! the deal by May 12th, by committing to tougher measures against Iran.
As of today, we are 6 weeks away from that date…
With NO love lost between Trump and Iran, the world-wide political community has reduced the odds of the nuclear deal’s survival to 1 in 3, according to international business commentaries.
Why?
Here are just a few of the most obvious reasons:
- Trump’s personal situation with the Mueller investigation;
- North Korea;
- Bolton’s appointment;
- Pompeo’s move to State;
- Little to NO progress by our international partners on ‘fixing’ the deal;
- Our Congress being totally inept to this deal, and the unintended consequences.
If the UK, Germany and France, alongside Congress, don’t fix these issues by May 12th, America will withdraw from the pact and sanctions will be reinstated – although, keep in mind, this would NOT be done for a number of years.
Iran’s posture and reaction to Trump’s decision is simply incalculable right now.
Why, oh why, can’t we ALL enjoy an apple pie?