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It Will Take More Than Biden to Fix Trump’s Damage to Iran

The new U.S. administration is likely to revive the nuclear deal with the Islamic Republic, but businesses are going to be wary.

Graffiti on the walls of the former Tehran Embassy building in Tehran.

Graffiti on the walls of the former Tehran Embassy building in Tehran.

Photographer: Fatemeh Bahrami/Anadolu Agency/Getty Images

Iranian President Hassan Rouhani says it’ll be “very easy” for Joe Biden to repair relations between the Islamic Republic and the U.S. “The knotty problem can be untied with will and one decision,” he said in televised remarks on Wednesday.

But a look at Iran’s economy suggests much of the wreckage left by Donald Trump will last.