Surely something about this preliminary agreement between the United States and Iran must have felt familiar to America’s real estate mogul president. After all, it reads like a real estate bankruptcy filing — an act of financial capitulation. It is a measure of how much Iran had Trump over a barrel, and how thoroughly it cleaned his clock, that Iran’s lead negotiator, Mohammad Bagher Ghalibaf, told Iranian state TV after the details were announced: “The agreement is a record of U.S. failure.