Remix.run Logo
dofm 16 hours ago

Depends who you ask, I think.

It looks like it is more an MoU than a deal, and I think that allows Trump the cover to drip feed out how humiliating it is, because this isn't the kind of band-aid you rip off all at once.

If I were a betting man I would bet that between now and Friday there will be too much news coverage of just how humiliating this is for the USA, how bad a deal it is, and how much of failure it is, and Trump himself will pull out of the deal. This has, allegedly, happened at least once.

But Iran now seem to be a bit better schooled in how to actually get him to agree, so perhaps they will be persuaded to smile a shit-eating grin while he takes a victory lap, and simply keep the most humiliating details of it under wraps until he signs.

How long it is before Trump claims to renegotiate it, who knows. Just the other day Trump said he might not renew USMCA — his own prior great achievement of loudly renegotiating NAFTA to be not significantly worse.

no-name-here 13 hours ago | parent [-]

I can see the logic in what you’re saying, but Iran state media is reporting the deal includes “The US and its allies delivering reconstruction plans for Iran worth at least $300bn” (in addition to the $25B) but I don’t understand their use of the word “plan”? https://www.bbc.com/news/live/cj0grpyg4v1t?post=asset%3A1793...

dofm 11 hours ago | parent [-]

That has been kicking around in the deal discussions since the end of May, yeah. Nothing much about this MoU seems to have really changed since then:

https://www.timesofisrael.com/liveblog_entry/emerging-us-ira...

https://www.yahoo.com/news/politics/articles/iran-could-rece...

Two diplomats briefed on the latest draft called it “an international ‘investment fund,’ which the United States would help facilitate in the event of a final deal,” and plans for which would be discussed during the initial 60-day negotiations period that the memorandum would kick off, the report says.

It appears to concern the authorisation of a sort of Marshall Plan inward investment fund that may end up holding that sort of amount of cash that the US effectively agrees to facilitate and allow.

But I guess a key thing is that it involves is the USA agreeing not to seize it. It would also implicitly allow businesses to do the reconstruction work without being sanctioned.