What did the Iran deal cost the U.S.? Keeping adversaries like China and Russia at the negotiating table was likely expensive – even though both have much to gain from the relaxation of international sanctions on Iran. Both look forward to ramped-up arms sales and increased trade with Iran, but even so, neither China nor Russia hands out diplomatic wins to the United States without some payback. The proposed acquisition of high-tech chipmaker Micron by a state-owned Chinese company may signal the sort of quid pro quo we will see in months to come. The very day that President Obama …read more
Source: Business Insider
