*By Conor White*
President Trump's decision to withdraw from the Iran nuclear deal makes it more difficult for the United States to negotiate a new understanding with Tehran, or any deal with other foreign governments, said Laura Secor, a journalist and author who has written extensively on Iran.
"The message not only is the United States is walking away from an agreement limiting the nuclear program in Iran, but that the United States is willing to walk away from its commitments negotiated under previous administrations" Secor said in an interview Wednesday with Cheddar.
Despite the White House's expressed confidence a better deal could be struck, Secor, author of "Children of Paradise: The Struggle for the Soul of Iran," said she doesn't see a way forward for another agreement with Iran.
"The Trump administration has not unveiled any Plan B here," she said. "There was talk they would get a bigger, better deal, but the idea that you would have a country whose commitment you have just abrogated agree to make a bigger, deeper, longer commitment to you, is delusional."
America's European allies, including France, which is a party to the Iran deal, have insisted the deal can survive even without the United States and have encouraged Iran to continue in good faith.
For the full interview, [click here](https://cheddar.com/videos/fallout-from-president-trumps-iran-decision).
For President Donald Trump, tariffs — or the threat of them — can bend nations to his will.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
