Economics
The Risk of Failure Is Enormous for Trump’s Iran Strategy
- Pathway to success is narrow while chance of failure is high
- European allies “should be terrified,” Trump backers say
U.S. President Donald Trump delivers a statement on Iran in the Diplomatic Reception Room of the White House in Washington, D.C., Oct. 13.
Photographer: Al Drago/BloombergThis article is for subscribers only.
The strategy that President Donald Trump has laid out to confront Iran and renegotiate a 2015 nuclear agreement requires a string of big bets to pay off in short order. The risk of failure is enormous.
A hostile Congress must agree to pass legislation to toughen the terms of the accord. European allies with little appetite to upend the meticulously constructed agreement will have to change their minds. And Iran, no friend of the U.S. for decades, needs to get on board.