President Donald Trump. Photo: Chip Somodevilla / Getty Images

President Trump is expected to waive sanctions on Iran this week under the terms of the Iran nuclear deal, the AP reports citing U.S. officials.

Why it matters: By not immediately reimposing the sanctions, Trump is avoiding a step that could effectively end the Iran nuclear deal. But he's expected to add new sanctions on Iranian businesses and people, some of which apply to entities that saw their sanctions scrapped under the deal. That "could test Tehran’s willingness to abide by its side of the bargain," per AP.

Earlier this week, we reported that Trump’s national security team was working to convince him to waive the sanctions.

The reason that might make sense: Trump has expressed interest in canceling the nuclear deal, but the protests that swept Iran and have been cheered on by the Trump administration could complicate the timing. This is also a sign Trump may be willing to buy time and trust Congress to agree on legislation that he believes will strengthen the deal.

Go deeper: How the Iranian protests could affect Trump's next decisions

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NYT: Trump paid $750 in federal income taxes in 2016 and 2017

Photo: Chip Somodevilla/Getty Images

The New York Times has obtained more than two decades' worth of tax-return data from Trump and the companies that make up his business, writing in an explosive report that the documents "tell a story fundamentally different from the one [the president] has sold to the American public."

Why it matters: The Times' bombshell report, published less than seven weeks before the presidential election, lays bare much of the financial information Trump has long sought to keep secret — including allegations that he paid $750 in federal income taxes in 2016 and 2017, and has over $300 million in personal debt obligations coming due in the next four years.

Updated 36 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 6:00 p.m. ET: 32,945,376 — Total deaths: 995,608 — Total recoveries: 22,786,066Map.
  2. U.S.: Total confirmed cases as of 6:00 p.m. ET: 7,105,604 — Total deaths: 204,724 — Total recoveries: 2,750,459 — Total tests: 100,492,536Map.
  3. States: 3 states set single-day coronavirus case records last week — New York daily cases top 1,000 for first time since June.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.

How Trump, Biden plan to score at Tuesday's debate

Illustration: Sarah Grillo/Axios

President Trump has been practicing with flashcards and prepping with former New Jersey Gov. Chris Christie before Tuesday's presidential debate.

Behind the scenes: Top aides tell Axios he's been testing his attacks on the campaign trail for weeks, seeing what ignites his crowds or falls flat. One of the biggest themes Trump plans to drive home is his "tough guy" persona, which advisers see as an advantage with voters in key states.