

Yeah, the best part of this deal is that it is at least seemingly an American defeat known to the world. I guess in terms of frozen assets and the reconstruction fund, they could use that to trade with China since they accumulate dollars anyway, but the sanctions relief could come back to bite them in the ass, since it will be with the west they will be trading if things stay as they are. I wish they demanded the dismantling of bases in the middle east. Although for now, we don’t really even know the conditions of some of these terms and how they’ll even be enforced.
Heck, China will then use those dollars to buy US financial instruments which enable it to run the trade deficit it already does and have the dominance of the dollar reaffirmed.