President Trump on Tuesday announced he is withdrawing the United States from the Iran nuclear deal, a historic accord signed in 2015 that aims to limit Tehran’s nuclear ability for more than a decade in return for lifting international oil and financial sanctions against the country. “This was a horrible one-sided deal that should never, ever been made,” Mr. Trump said at the White House in announcing his decision. “It didn’t bring calm, it didn’t bring peace, and it never will.” The New York Times reports: Mr. Trump’s announcement, while long anticipated and widely telegraphed, plunges America’s relations with European allies into deep uncertainty. They have committed to staying in the deal, raising the prospect of a diplomatic and economic clash as the United States reimposes stringent sanctions on Iran. It also raises the prospect of increasing tensions with Russia and China, which also are parties to the agreement.
One person familiar with negotiations to keep the accord in place said the talks collapsed over Mr. Trump’s insistence that sharp limits be kept on Iran’s nuclear fuel production after 2030. The deal currently lifts those limits. As a result, the United States is now preparing to reinstate all sanctions it had waived as part of the nuclear accord — and impose additional economic penalties as well, according to another person briefed on Mr. Trump’s decision. Despite Trump’s decision, President Hassan Rouhani said that Iran would remain committed to a multinational nuclear deal. “If we achieve the deal’s goals in cooperation with other members of the deal, it will remain in place. […] By exiting the deal, America has officially undermined its commitment to an international treaty,” Rouhani said in a televised speech. “I have ordered the foreign ministry to negotiate with the European countries, China and Russia in coming weeks. If at the end of this short period we conclude that we can fully benefit from the JCPOA with the cooperation of all countries, the deal would remain,” he added.
Read more of this story at Slashdot.
Source: Slashdot – Trump Withdraws US From Iran Nuclear Deal