Analysis (MES) — Conventional wisdom has it that China stands to benefit from the US withdrawal from the 2015 international nuclear agreement with Iran, particularly if major European companies feel that the risk of running afoul of US secondary sanctions is too high.
Billionaire investor Wilbur Ross talks with reporters in the lobby of Trump Tower, Tuesday, Nov. 29, 2016, in New York. (AP Photo/Evan Vucci)
Wilbur Ross, the billionaire investor considered the “king of bankruptcy” for buying beaten-down companies with the potential to deliver profits, is expected to join President-elect Donald Trump’s senior economic team as commerce secretary.
