“President Donald Trump’s emerging nuclear accord with Iran risks securing fewer restrictions than the deal negotiated by the administration of Barack Obama — one he derided and later scrapped,” Bloomberg reports.

“The potential agreement, set to be negotiated over a 60-day period, will build on a memorandum of understanding that states only that Iran’s stockpile of near-bomb-grade uranium be ‘adequately addressed.’ That leaves unresolved the fate of enough material to fuel multiple weapons, and underscores the challenge of surpassing the strength of Obama’s 2015 accord in preventing a nuclear-armed Iran.”

Tom Nichols: “Donald Trump arrived in France yesterday for this morning’s G7 summit and promptly confirmed America’s capitulation to Iran.”

“Instead of merely repeating the outlines of what looks to be a terrible peace deal, however, Trump made a series of statements so bizarre, even by his usual standards, that they raise the question of whether the president still understands the words that come out of his own mouth.”

Axios: “The deal is expected to allow Iran to sell oil freely during a 60-day negotiating window, while opening the door to broader sanctions relief, access to frozen funds and a potential $300 billion rebuilding investment fund if a final nuclear agreement is reached.”

“Critics argue that after shredding the 2015 nuclear deal in his first term, Trump is now following the same playbook — unfreezing cash in exchange for nuclear concessions — while potentially going a step further with the rebuilding fund.”

New York Times: “Mr. Trump’s sensitivity is easy to understand. He campaigned against the Obama-era deal as far back as 2015, and ultimately killed it during his first term over the objections of many of his top national security aides. At the time, he had a long list of complaints about its failings. The 2015 accord ‘lifted crippling economic sanctions on Iran in exchange for very weak limits on the regime’s nuclear activity,’ Mr. Trump said in a 2018 speech, and ‘no limits at all on its other malign behavior,’ especially its support of terror activities around the Middle East.”

“Many of Mr. Trump’s critiques were justified, and often shared by Democrats. But now, Mr. Trump is caught in what could best be described as the Obama-deal bind.”

New York Times: “Europe’s alliance with the United States may still be on the rocks, but on the first full day of a Group of 7 summit meeting at this Alpine spa town in France, the leaders showed they remained ready to behave politely toward Mr. Trump.”

“For all the sharp elbows of the last year, they appear to have concluded that the best way to deal with a disruptive president is to court him, particularly since they still hope to engage the United States on thorny issues like the war in Ukraine.”

“A $300 billion private fund designed ​to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed,” Reuters reports.

“The fund is designed to give both sides an economic incentive to conclude a final deal.”