President Donald Trump announced the United States would exit a nuclear pact with Iran and re-impose sanctions on Tehran.
He said the Obama-era deal failed to contain the regime’s nuclear ambitions and regional meddling. "This was a horrible one-sided deal that should have never, ever been made," Trump said in White House remarks May 8. Trump believed the deal should have allowed international weapons inspectors to have greater access to Iranian military sites. He repeatedly underscored the need to stop Iran from developing an intercontinental ballistic missile. Trump also criticized the deal for failing to rein in Iran’s support of sectarian violence in places like Syria and Yemen, despite the deal’s promise to contribute to "regional and international peace and security."
Trump decided now to impose the "highest level of economic sanctions" on Iran. Countries or companies that continue to invest in or do business there could risk violating U.S. sanctions, with vast political and economic repercussions. The White House said renewed sanctions will target "critical sectors of Iran’s economy," including its energy, petrochemical, and financial sectors. "France, Germany, and the UK regret the U.S. decision to leave" the Iran nuclear deal, said French President Emmanuel Macron. "If the Europeans are willing to give us sufficient guarantees, it makes sense for us to stay in the deal," said the deputy speaker of Iran's parliament, Ali Motahari. Australia and Japan still support Iran deal.Former president Obama appreciated that Trump pulling US out of Iran nuclear deal is "a serious mistake"