In an announcement previewed for days, Iran said it would immediately stop implementing some restrictions under the 2015 deal — a move aimed largely at pressing Washington’s European allies to step up to preserve the agreement.
United States President Donald Trump on Wednesday tightened the screws further on Iran with sanctions on its mining industry after a frustrated Tehran said it would suspend some promises it made under a nuclear deal rejected by Washington.
President Hassan Rouhani said the ultimatum was intended to rescue the nuclear deal from Trump, whose sanctions have caused severe pain in Iran—which had anticipated an economic boon from the agreement negotiated under then-president Barack Obama. The White House had already acted forcefully to prevent all countries from buying Iran’s oil — its crucial money-maker — and said that the steel and mining sector was the country’s second-largest source of foreign revenue, accounting for 10 percent of exports.]“Tehran can expect further actions unless it fundamentally alters its conduct,” Trump said in a statement.
At a rally in Florida late Wednesday Trump said he hopes that “a fair deal” can be worked out at some point. It said that after 60 days, it would also stop abiding by limits on the level to which Iran can enrich uranium and modifications to its Arak heavy water reactor that were designed to prevent the production of plutonium.
He added that Iran was simply seeking to “save face” after “striking a deal which was not respected by the other side.”The three European parties to the deal tried to save the accord with a trade mechanism meant to bypass reimposed US sanctions, but their attempt was dismissed by Iran’s Supreme Leader Ayatollah Ali Khamenei as a “bitter joke.”
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