Iran to Trump: No Changes to Nuclear Deal

Iran to Trump: No Changes to Nuclear Deal

President Donald Trump gave the Iran nuclear deal a final reprieve on Friday but warned European allies and Congress they had to work with him to fix "the disastrous flaws" in the pact or face a USA exit.

Trump, who previously stressed that he could cancel United States participation in the nuclear deal "at any time", to re-certify Iran's compliance with the deal in October.

The U.S. President Donald Trump once again had to extend waivers that are mandatory under the deal reached between Iran and world powers, officially called the Joint Comprehensive Plan of Action (JCPOA), the Foreign Ministry said in a statement.

Hard-liners on Iran in the U.S. Congress have called for the reimposition of the suspended sanctions and an end to the nuclear deal, while some liberal Democrats want to pass legislation that would make it harder for Trump to pull Washington out without congressional consent. "We have been under U.S. sanctions for the last 40 years", said Farshad Alyan, a 26-year-old law student.

"Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal".

It accused Mr Trump of "continuing to take hostile measures against the Iranian people and repeating the threats that have failed many times".

In reply, Zarif took to Twitter on Friday to condemn Trump's reluctant announcement on the nuclear sanctions waiver, saying, "Trump's policy & today's announcement amount to desperate attempts to undermine a solid multilateral agreement, maliciously violating its paras 26, 28 & 29".

The top Iranian diplomat said the world has over the past centuries been characterized by a paradigm based on power and zero-sum games, "which has had no result for the people of the world but loss, violence, conflict, and killings".

French President Emmanuel Macron phoned Mr Trump on Thursday to call for "the strict application of the deal and the importance of all the signatories to respect it". "It also will not allow the JCPOA to be linked to any other issue", it said.

The Treasury Department's action hits 14 Iranian officials and companies and businessmen from Iran, China and Malaysia, freezing any assets they have in the USA and banning Americans from doing business with them.

The nuclear deal, formally known as the JCPOA, has eased sanctions on Iran in exchange for Tehran halting uranium enrichment.

The ultimatum puts pressure on Europeans - key backers and parties to the 2015 global agreement to curb Iran's nuclear program - to satisfy Trump, who wants the pact strengthened with a separate agreement within 120 days, stated the report.

"If at any time I judge that such an agreement is not within reach, I will withdraw from the deal immediately", he said.

"Today, I am waiving the application of certain nuclear sanctions, but only in order to secure our European allies' agreement to fix the bad flaws of the Iran nuclear deal", Trump said in a statement issued Friday. "No one should doubt my word".

Rubio issued a statement recommending that Trump should "impose new sanctions against elements of the Iranian government, including the Central Bank of Iran and other Iranian banks, that are involved in or facilitating the regime's human rights abuses against Iranian protesters, its ballistic missile program, or its support for terrorism".

The decision had been expected since earlier this week. "But the clear reluctance with which he has issued the sanctions waivers will continue to weigh on the business community", said Esfandyar Batmanghelidj, founder of the Europe-Iran Forum, a business network.

Related Articles

  • CVS Health Corp (CVS) Shares Bought by Pitcairn Co

    Massachusetts-based Marble Harbor Inv Counsel Limited Liability Company has invested 0.05% in CVS Health Corporation (NYSE: CVS ). The company has volume of 7.12 Million shares. (NYSE:PBH) has declined 8.57% since January 13, 2017 and is downtrending.

    Walt Disney Co (DIS) Position Raised by Ausdal Financial Partners Inc

    Korea Inv invested 0.53% of its portfolio in The Walt Disney Company (NYSE:DIS). 9,780 are held by Armstrong Henry H Incorporated. The stock of Packaging Corporation of America (NYSE:PKG) earned "Neutral" rating by Macquarie Research on Tuesday, November 10.

    Vipshop Holdings Limited (VIPS) Stock Formed Bearish Double Bottom. What To Expect?

    The performance of firm for the quarter recorded as 67.12% and for year stands at 21.50%, while the YTD performance was 16.21%. It has outperformed by 10.49% the S&P500.The move comes after 5 months positive chart setup for the $8.16 billion company.
  • Skyworks Solutions, Inc. (SWKS) Position Lowered by AR Schmeidler & Co. Inc

    Following the transaction, the senior vice president now owns 9,372 shares in the company, valued at approximately $1,004,678.40. In related news, CEO Liam Griffin sold 12,141 shares of the business's stock in a transaction on Friday, November 10th.
    NXP Semiconductors NV (NXPI) Downgraded to

    NXP Semiconductors NV (NXPI) Downgraded to "Hold" at Vetr Inc

    After $1.27 actual EPS reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts 26.77% EPS growth. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has "Market Perform" rating given on Thursday, October 26 by Bernstein.
    How Many Rio Tinto plc (NYSE:RIO)'s Analysts Are Bearish?

    How Many Rio Tinto plc (NYSE:RIO)'s Analysts Are Bearish?

    UBS Group set a GBX 4,000 ($54.24) price target on Rio Tinto (LON:RIO) in a research report report published on Wednesday morning. Out of 8 Wall Street analysts rating Federal Realty Invst Trust, 3 give it "Buy", 1 "Sell" rating, while 4 recommend "Hold".
  • USA  embassy in London disagrees with Trump's reason for cancelling United Kingdom  trip

    USA embassy in London disagrees with Trump's reason for cancelling United Kingdom trip

    Foreign Secretary Boris Johnson , a frequent defender of Trump, accused Khan and others of endangering the "crucial relationship". Trump said in a late-night tweet that he had decided not to come to London to open the new USA embassy.
    West Ham's Lanzini, Arnautovic run riot at Huddersfield

    West Ham's Lanzini, Arnautovic run riot at Huddersfield

    Hernandez and Marko Arnautovic were expected to fire the Hammers up to the top half of the table. Huddersfield responded well, with Lolley admirably levelling.
    Gym chain bans cable news

    Gym chain bans cable news

    The company also tweeted about the change last week, and despite a massive response, Life Time chose to stick by the new policy. One man who said he "enjoys consuming news and politics" was "disappointed" with the announcement.
  • Fired-up Brady on mission as Patriots prepare to take on Titans

    Fired-up Brady on mission as Patriots prepare to take on Titans

    The Pats will want to keep their defense off the field and keep Tom Brady on it. "You've got to beat these teams at their place". Dick LeBeau, Titans defensive coordinator, has faced New England Patriots' coach Bill Belichick many times over his career.
    Trump gives Iran nuclear deal 'a last chance'

    Trump gives Iran nuclear deal 'a last chance'

    This would involve negotiations between the United States and its European allies rather than talks with Iran, the official said. A decision to withhold a waiver would have effectively ended the deal between Iran and the other global signatories.
    Alleged victims of former football coach Barry Bennell give evidence at trial

    Alleged victims of former football coach Barry Bennell give evidence at trial

    The game would keep going until his hands were "inside your shirt or inside your underpants", he told told the jury. He said he had contacted police in 2016 after seeing former footballers speak about allegations of abuse.