The author argues that the Trump administration’s approach to the Iran agreement is shapeless and arbitrary, resembling a bad business deal more than coherent foreign policy. He criticizes the Memorandum of Understanding for giving Iran control of key assets and failing to address nuclear weapons, then notes Trump’s pattern of grand promises followed by abrupt walkaways.

• The Memorandum of Understanding punts on nuclear weapons, gives Iran control of the Strait of Hormuz, and unlocks roughly $300 billion in reconstruction funds.
• Trump's team swung from threatening total war and regime change to treating Iran's government as a reasonable negotiating partner almost overnight.
• Israel's leaders were blindsided as the deal undercut their interests in Lebanon.
• The pattern mirrors Trump's real-estate deals: grand threats and promises followed by an abrupt walkaway, leaving partners with a broken deal and no leverage.