In Wake of Nuclear Deal Disaster, Iran Heads East
Since the U.S. defaulted on its nuclear deal with Iran and six other Western powers, Tehran — facing new sanctions — is instead looking to China for an economic boost. Today President Hassan Rouhani heads to Qingdao for a summit with Chinese President Xi Jinping. American companies that launched operations in Iran after the 2016 deal now must wind down business in the country before November, when previous sanctions are reinstated. Meanwhile, President Trump suggested that breaking the nuclear deal had softened Iranian policy, though he cited no specific evidence.