Analysis: Trump's concerns about economic risks have weakened America's bargaining power

BlockBeats News, June 21 — Trump stated that the prospect of a global economic collapse is one of the key reasons he signed a temporary peace agreement with Iran, exposing a critical weakness the U.S. faces ahead of the next round of negotiations with Iran. Since Iran knows Trump is unwilling to reignite military action — because that would trigger new economic turmoil — the pressure for Iran to quickly end negotiations is also eased.

The pressure on the U.S. may further intensify. Domestically, the Iran war has proven to be extremely unpopular. A poll from the University of Maryland shows that 56% of Americans believe that this war would have a more negative than positive impact on U.S. interests. Former State Department official Chris Kennedy stated that, overall, the 14 provisions in the memorandum of understanding give Iran an advantageous negotiating position when dealing with nuclear issues. The agreement also stipulates that the originally 60-day negotiation period can be "extended," meaning negotiations could last for several months.

Former U.S. Treasury official Myaad Maleki said this outcome is more favorable to Iran than to the U.S. "Iran will not give up its nuclear program for the sanctions exemptions it has already obtained. The U.S. can still escalate military actions, but it is precisely at the moment when economic leverage is most needed that it has abolished its own economic leverage." (Jin10)