• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026
Leadership

How President Trump Has Changed His Tune on Global Deals

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
April 20, 2017, 8:03 AM ET

The “America First” president who vowed to extricate America from onerous overseas commitments appears to be warming up to the view that when it comes to global agreements, a deal’s a deal.

From NAFTA to the Iran nuclear agreement to the Paris climate accord, President Donald Trump’s campaign rhetoric is colliding with the reality of governing. Despite repeated pledges to rip up, renegotiate or otherwise alter them, the U.S. has yet to withdraw from any of these economic, environmental or national security deals, as Trump’s past criticism turns to tacit embrace of several key elements of U.S. foreign policy.

The administration says it is reviewing these accords and could still pull out of them. A day after certifying Iran’s compliance with the nuclear deal, Secretary of State Rex Tillerson attacked the accord and listed examples of Iran’s bad behavior. His tone suggested that even if Iran is fulfilling the letter of its nuclear commitments, the deal remains on unsure footing.

Yet with one exception—an Asia-Pacific trade deal that already had stalled in Congress—Trump’s administration quietly has laid the groundwork to honor the international architecture of deals it has inherited. It’s a sharp shift from the days when Trump was declaring the end of a global-minded America that negotiates away its interests and subsidizes foreigners’ security and prosperity.

Trump had called the Iran deal the “worst” ever, and claimed climate change was a hoax. But in place of action, the Trump administration is only reviewing these agreements, as it is doing with much of American foreign policy.

Douglas Brinkley, a presidential historian at Rice University, said Trump may be allowing himself to argue in the future that existing deals can be improved without being totally discarded. “That allows him to tell his base that he’s getting a better deal than Bush or Obama got, and yet reassure these institutions that it’s really all being done with a nod and a wink, that Trump doesn’t mean what he says,” Brinkley said.

So far, there’s been no major revolt from Trump supporters, despite their expectation he would be an agent of disruption. This week’s reaffirmations of the status quo came via Tillerson’s certification of Iran upholding its nuclear deal obligations and the administration delaying a decision on whether to withdraw from the Paris climate accord.

The president had previously spoken about dismantling or withdrawing from both agreements as part of his vision, explained in his inaugural address, that “every decision on trade, on taxes, on immigration, on foreign affairs will be made to benefit American workers and American families.”

The Iran certification, made 90 minutes before a midnight Tuesday deadline, means Tehran will continue to enjoy relief from U.S. nuclear sanctions. Among the anti-deal crowd Trump wooed in his presidential bid, the administration’s decision is fueling concerns that Trump may let the 2015 accord stand.

Tillerson on Wednesday sought to head off any criticism that the administration was being easy on Iran, describing a broad administration review of Iran policy that includes the nuclear deal and examines if sanctions relief serves U.S. interests. The seven-nation nuclear deal, he said, “fails to achieve the objective of a non-nuclear Iran” and “only delays their goal of becoming a nuclear state.”

On the climate agreement, the White House postponed a meeting Tuesday where top aides were to have hashed out differences on what to do about the non-binding international deal forged in Paris in December 2015. The agreement allowed rich and poor countries to set their own goals to reduce carbon dioxide and went into effect last November, after the U.S., China and other countries ratified it. Not all of Trump’s advisers share his skeptical views on climate change—or the Paris pact.

Trump’s position on trade deals also has evolved. He had promised to jettison the North American Free Trade Agreement with Mexico and Canada unless he could substantially renegotiate it in America’s favor, blaming NAFTA for devastating the U.S. manufacturing industry by incentivizing the use of cheap labor in Mexico.

Now his administration is only focused on marginal changes that would preserve much of the existing agreement, according to draft guidelines that Trump’s trade envoy sent to Congress. The proposal included a controversial provision that lets companies challenge national trade laws through private tribunals.

Trump has followed through with a pledge to pull the U.S. out of the Trans-Pacific Partnership, a sweeping free trade deal President Barack Obama negotiated. The agreement was effectively dead before Trump took office after Congress refused to ratify it. Even Trump’s Democratic opponent in the presidential race, Hillary Clinton, opposed the accord.

But on NATO, Trump has completely backed off his assertions that the treaty organization is “obsolete.” His Cabinet members have fanned out to foreign capitals to show America’s support for the alliance and his administration now describes the 28-nation body as a pillar of Western security.

About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

fort
CommentaryFlorida
Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since
By Jenni MorejonJune 12, 2026
2 hours ago
Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
AsiaAI agents
Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
By Angelica AngJune 12, 2026
4 hours ago
How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO
NewslettersCEO Daily
How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO
By Diane BradyJune 12, 2026
4 hours ago
The chaos at CBS News shows the limits of ‘blow it up’ leadership
C-SuiteLeadership
The chaos at CBS News shows the limits of ‘blow it up’ leadership
By Claire ZillmanJune 12, 2026
6 hours ago
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
CommentaryOracle
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
By Garrett IlgJune 11, 2026
16 hours ago
Testosil Review (2026): Testosterone Supplement Reviewed
HealthDietary Supplements
Testosil Review (2026): Testosterone Supplement Reviewed
By Christina SnyderJune 11, 2026
17 hours ago

Most Popular

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
2 days ago
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
3 days ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
1 day ago
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
3 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
4 days ago
SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $135-per-share leap of faith
Startups & Venture
SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $135-per-share leap of faith
By Marco Quiroz-GutierrezJune 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.