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Trump Will Consult Congress, Agencies on Nuclear Deal

Trump Will Consult Congress, Agencies on Nuclear DealTrump Will Consult Congress, Agencies on Nuclear Deal

Presumptive Republican White House nominee Donald Trump would consult with the US Congress and federal agencies on a number of his signature foreign policy initiatives, including reworking a nuclear deal with Iran and a proposed ban on the entry of Muslims into the US, according to a top adviser.

Walid Phares, one of Trump’s senior foreign policy advisers, said the candidate would seek domestic and international “consensus” on a range of foreign policy initiatives.

During a recent interview with Wall Street Journal reporters and editors, Phares offered nuance to a number of Trump’s foreign policy ideas, suggesting some are not set in stone and could be modified as the campaign progresses.

For example, Trump has called the July 2015 nuclear deal with Iran “terrible” and “horrible” but Phares said Trump would not immediately attempt to negate it once in office.

“He is going to be revising, reviewing and maybe trying to modify the Iran deal,” Phares said.

One option, he said, would be to resubmit the deal —or something like it— to Congress for a vote, a process whose outcome would depend on the makeup of Congress next year.

Many bankers are watching the US election closely and waiting for a clearer understanding of future US policy toward Iran before doing business with the country.

Phares’s suggestion Trump would revise the agreement instead of completely voiding it could influence the way some financial institutions deal with companies in Iran seeking access to global markets.

 

Financialtribune.com