US-Iran deal could revive Trump's trade war | The National
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Source: The National (UAE)
Published: 2026-07-01 13:00 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Trade & Sanctions, US Politics, Business & Economy, War & Conflict
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Snippet:
Will the US-Iran deal give Donald Trump more room to revive his damaging trade war? Only if it keeps oil prices cheap. If crude stays cheap, inflation eases and US President Donald Trump gains room to slap fresh levies on America’s trading partners. If it climbs again, however, his ambitions will collide with higher prices, higher borrowing costs and nervous financial markets.
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