Trump issues warning, but continues to honor Iran deal

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Trump said on Friday he would waive nuclear sanctions against Iran for the last time to give Washington and its European allies a chance to fix the "terrible flaws" of the 2015 nuclear deal.

US President Donald Trump on Friday delivered an ultimatum to European signatories of the deal to fix the "terrible flaws" of the agreement with Iran, or the United States would pull out.

Trump will reportedly point to Iran's ballistic missile testing, human rights violations and alleged support for terrorism as justification for the new sanctions. "In the absence of such an agreement, the United States will not again waive sanctions in order to stay in the Iran nuclear deal". JCPOA is not renegotiable: "rather than repeating exhausted rhetoric, U.S. must bring itself into full compliance -just like Iran", Zarif said on his social Twitter account. "And if at any time I judge that such an agreement is not within reach, I will withdraw from the deal immediately", he warned.

Trump also extended the waivers of key economic sanctions that were lifted under the agreement limiting Iran's nuclear program.

Trump had come under heavy pressure from European allies to issue the sanctions waiver.

Since the historic deal was signed in Vienna, the IAEA has repeatedly confirmed Iran's compliance with its commitments under the JCPOA, but some other parties, especially the U.S., have failed to live up to their undertakings. Trump wants them to help the USA devise a new agreement created to prevent Iran from escalating nuclear activity again next decade, as permitted under the 2015 arrangement reached by President Barack Obama.

In his statement Friday, Trump said he remained open to revising the Iran Nuclear Agreement Review Act, or INARA.

"The nuclear deal is an internationally recognized and concluded pact and is not renegotiable", the Foreign Ministry in Tehran said in a statement Saturday.

The EU said it would hold internal consultations and was "committed to the continued full and effective implementation" of the deal.

While Trump approved the sanctions waiver, the Treasury Department announced new, targeted sanctions against 14 entities and people, including the head of Iran's judiciary, Sadeq Amoli Larijani, a close ally of Iran's Supreme Leader Ayatollah Ali Khamenei.

While there may be some relief that Trump has yet to torpedo the hard-won accord, there were clear signs of frustration from European capitals in the runup to the decision. "It also will not allow the JCPOA to be linked to any other issue", it said.

Senate Foreign Relations Committee Chairman Bob Corker has been working on amending a USA law to include "trigger points" that if crossed by Iran would automatically bring back United States sanctions.

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