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US President Donald Trump pulls out of Iran nuclear deal, restores sanctions

The 2015 deal, the signature foreign policy achievement of Trump's predecessor Barack Obama, eased sanctions on Iran in exchange for Tehran limiting its nuclear program to prevent it from being able to make an atomic bomb.

US President Donald Trump pulls out of Iran nuclear deal, restores sanctions
Trump pulls out of Iran deal

U.S. President Donald Trump has announced on Tuesday that he is pulling out of an international nuclear deal with Iran, European officials said, in a move that would raise the risk of conflict in the Middle East, upset America's European allies and disrupt global oil supplies. 

The 2015 deal, the signature foreign policy achievement of Trump's predecessor Barack Obama, eased sanctions on Iran in exchange for Tehran limiting its nuclear program to prevent it from being able to make an atomic bomb. Trump in his press conference blasted the Iran deal, called it 'disastrous' and 'embarrassment'. Announcing that US is pulling away from the Iran deal, Trump said US will be much safer without it. Trump said highest level of economic sanctions would be imposed against Iran and any nation helping them to get nuclear weapons would also face sanctions. 

Speaking out against the deal, Trump said, " At the point when the US had maximum leverage, this disastrous deal gave this regime — and it's a regime of great terror — many billions of dollars, some of it in actually cash, a great embarrassment to me as a citizen". He blamed the Obama administration for getting a weak deal. 

"If I allowed this deal to stand, there would soon be a nuclear arms race in the Middle East. Everyone would want their weapons ready by the time Iran had theirs", said Donald Trump. 

The Iran deal may remain partially intact, even without the United States. Iranian President Hassan Rouhani suggested on Monday that Iran could remain in the accord with the other signatories that remain committed to it.

"Iran is monitoring U.S. and European stance closely and will react to U.S. decision based on its own national interests," Iran's deputy foreign minister, Abbas Araqchi, was quoted as saying by Iranian news agency IRNA.
Trump's move is a snub to European allies such as France, Britain and Germany, who are also part of the Iran deal and tried hard to convince him to preserve it. The Europeans must now scramble to decide their own course of action with Tehran. China and Russia are also signatories to the Iran pact. European Union in a brief statement has said that they are committed to the Iran deal. 

 

With Agency inputs

 

LIVE Blog
09 May 2018
12:21 AM

Democractic leadership has slammed US President Trump's decision. Nancy Pelosi called it 'dangerous and impulsive'. 

US representative to UN, Nikki Haley has backed the Iran deal. 

In a statement, she said, "  The President absolutely made the right decision to pull out of the Iran nuclear deal. This was a terrible deal that only allowed Iran’s bad international conduct to worsen. We must never allow Iran to get nuclear weapons, and we must resist their support for terrorism that continues to threaten America and our allies." 

12:20 AM

Iran President Rouhani warns of resuming nuclear activity in the light of US pulling out of the deal. However, in his address Rouhani said that Iran will hold talks with members of the European Unit who have signed the deal. 

12:08 AM

Saudi Arabia has hailed Trump's decision. 

The wind-down time for existing  contracts with US likely to be 180 days. 

Rouhani expectedly has slammed the decision and said US was never committed to the deal fully. 

 

12:03 AM
12:02 AM
12:01 AM

Iranian state television said on Tuesday that President Donald Trump's decision to withdraw the United States from the Iran nuclear deal was "illegal, illegitimate and undermines international agreements".

11:53 PM

We will work collectively on a broader framework, covering nuclear activity, the post-2025 period, ballistic activity, and stability in the Middle-East, notably Syria, Yemen, and Iraq," Macron on Twitter moments after Trump spoke.

11:52 PM

In a short press conference, Israel PM Netanyahu has hailed Trump's decision. He says that the goal is to ensure that Iran never gets a nuclear bomb, ever. 

11:50 PM

Trump virtually puts the blame on Obama administration for getting a bad deal. He says that a constructive deal could be reached in 2015, but it wasn't. Trump cites Netanyahu's expose a week before about how Iran is lying in the deal. 

11:46 PM

Trump says he will work with allies to find out a lasting peace with Iran. Trump says Iran deal is decaying and rotting and they are just steps away from acquiring nuclear arsenal. Trump says that the checking mechanisms in the deal were not adequate in the deal. 

Trump says that high level of economic sanctions will be imposed on Iran. 

11:38 PM

Trump says US has definite proof that Iran deal is lie. 

Trump lays down the reasons why Iran deal is not working and announces that US will be pulling out of the Iran deal. 

11:37 PM

Trump lays down the flaws of the nuclear deal signed in 2015. He calls it disastrous and says heart of the Iran deal is a giant fiction. 

11:35 PM

Donald Trump has started addressing the nation. He starts by blasting the Iranian regime calls them leading sponsor of terror. 

11:12 PM

CNN is reporting that Trump will say that Iran has failed to hold on to their promises and Iran deal is a lie. 

11:11 PM

According to CNN, Mike Pence is now calling leaders in the Congress to inform them that Trump is pulling out of the deal. We will get an official confirmation soon. 

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