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Trump deal fart 39. Shall we call this the FIFA Peace Prize deal. (As a quick aside, how about that Socceroos parked bus?)
“The Deal with the Islamic Republic of Iran is now complete,” Trump said in a social media post. “I hereby fully authorize the toll free opening of the Strait of Hormuz and, simultaneously herewith, authorize the immediate removeal of the United States Naval blockade.”
Here are the terms as best we know them, which is not well.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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