A case where "cut" is its own antonym, and its unclear which sense is meant from the headline alone.
https://web.archive.org/web/20060920230602/https://www.csub....
By way of "Why do we 'cut' a deal?" https://english.stackexchange.com/q/284233
---
"Cuts " ... leads to the initial parsing of "cuts all ties with" or similar "severs relationship with".
When with additional modifiers between "cuts" and "deal" the "cuts deal with" becomes harder to recognize as the "forms a deal with" meaning of the phase.