Iran vows retaliation over U.S. sanctions

Iran vows retaliation over U.S. sanctions

"Today, I am waiving the application of certain nuclear sanctions, but only in order to secure our European allies' agreement to fix the awful flaws of the Iran nuclear deal", Trump said in a statement.

The 2015 agreement between the United States and Iran also was signed by China, France, Russia, Britain, Germany and the European Union, and these countries would have been unlikely to join the United States in reimposing sanctions.

Trump warned that he would scrap the agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), unless European countries "join with the United States in fixing (what he called) significant flaws in the deal". Iran must allow "immediate inspections at all sites requested by worldwide inspectors", he said, and "sunset" provisions imposing limits on Iran's nuclear program must not expire.

Trump was reportedly encouraged to waive the sanctions by Secretary of State Rex Tillerson and national security advisor H.R. McMaster, who warned the President that it would look like he was breaking the USA commitments of the deal.

Iran's Foreign Minister Mohammad Javad Zarif had earlier said on Twitter that Trump's decision undermined the multilateral agreement.

"The internal solidity of and global support for the agreement have blocked attempts by Mr. Trump, the Zionist regime [of Israel], and the ominous alliance of hard-line warmongers to terminate this agreement or make changes to it", the ministry said according to Iranian PressTV. Trump has repeatedly criticized the accord, while Iran has accused the US of failing to comply with it.

The legislation is required to include certain "triggers" which will automatically lead to a reimposition of the sanctions if Iran fails to apply.

In turn, Iran would be allowed to lift all nuclear-related economical sanctions, freeing up tens of billions of dollars in oil revenue and frozen assets.

Under the terms of the landmark agreement the U.S. president must certify the deal every 90 days and pass sanction waivers every 120 days.

Washington also announced sanctions against 14 entities and people, including the head of Iran's judiciary, Ayatollah Sadeq Larijani. Iran insists its nuclear programme is only for peaceful purposes.

President Trump has called it the "one of the worst deals" he has ever seen - but for now, he is keeping the U.S.in the nuclear deal with Iran.

"You either waive the sanctions or you don't and if you don't you're in breach of the JCPOA", the official said. The plea by the European ministers came a day before President Trump has to decide whether to sign a series of waivers to keep the suspension of sanctions intact.

Shanghai: China on Saturday pledged to continue playing a constructive role in maintaining and implementing the Iran nuclear deal, after US President Donald Trump set an ultimatum to fix "disastrous flaws" in a deal.

Related News:

  • You fight for fantastic opportunities - Mourinho hints at Sanchez move

    Both Manchester clubs have reportedly shown interest and Conte feels he will be a good investment for whoever gets his signature. Do YOU want to write for GiveMeSport? "I've never questioned his commitment or attitude".
    My dream was always to play for Barcelona, admits Philippe Coutinho

    My dream was always to play for Barcelona, admits Philippe Coutinho

    If you don't miss a person then there would have been something wrong when you were together. Really, it is a normal, normal thing and we have only to make the best of it.
    Christopher Bell wins Chili Bowl for 2nd straight year

    Christopher Bell wins Chili Bowl for 2nd straight year

    Scelzi started 16th in the main event and was one of the few drivers working the outside of the track to move forward early. But he might be even more hard to defeat behind the wheel of a midget auto , especially when it's Chili Bowl time.
  • China's Li Haotong helps Team Asia lead in Eurasia Cup

    China's Li Haotong helps Team Asia lead in Eurasia Cup

    Europe won the 2016 edition of the tournament dubbed the "Ryder Cup of the East", with the first in 2014 ending in a 10-10 tie. Englishman Tyrrell Hatton then beat Anirban Lahiri 2&1 before Matthew Fitzpatrick halved his match against Sunghoon Kang.
    YouTube hasn't shut the door on working with Logan Paul

    YouTube hasn't shut the door on working with Logan Paul

    As for whether Logan Paul would be welcomed back into the Youtube community eventually, Kyncl and Daniels are making no promises. YouTube has been under pressure in recent months due to widespread conspiracy videos and inappropriate content on YouTube Kids.

    Valero Energy's (NYSE:VLO) Buy Rating Reiterated at Scotiabank

    It fall, as 44 investors sold CELG shares while 457 reduced holdings. 106 funds opened positions while 696 raised stakes. The stock of Valero Energy Corporation (NYSE:VLO) has "Buy" rating given on Thursday, August 31 by RBC Capital Markets.
  • Harry Kane And Dele Alli Start - Tottenham Hotspur Team vs Everton Confirmed

    Harry Kane And Dele Alli Start - Tottenham Hotspur Team vs Everton Confirmed

    The next season brought 25 goals, at Kane's worst rate of 0.67 goals per 90 minutes with 0.62 coming from inside the box. The only other people to have achieved such a feat are the Premier League's number one and five all time top scorers.

    Teekay Tankers Ltd. (TNK) Given Consensus Recommendation of "Hold" by Analysts

    It fall, as 35 investors sold ISRG shares while 190 reduced holdings. 108,710 are owned by Manufacturers Life Insurance The. Since August 17, 2017, it had 0 buys , and 1 insider sale for $256,621 activity. (NASDAQ:ISRG) on Tuesday, August 22.

    Rowe Price Group, Inc. (TROW), Weight Watchers International, Inc. (WTW) Analyst's Predictions

    It improved, as 21 investors sold ESS shares while 118 reduced holdings. 38 funds opened positions while 36 raised stakes. The company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.14.
  • Chevron (CVX) PT Set at $110.00 by Royal Bank of Canada

    After $1.03 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 15.53% EPS growth. Cowen reissued a "buy" rating and set a $122.00 price objective on shares of Chevron in a report on Tuesday, September 19th.
    Nintendo Direct January 2018 brings Luigi to Super Mario Odyssey

    Nintendo Direct January 2018 brings Luigi to Super Mario Odyssey

    Ys VIII: Lacrimosa of Dana (Summer 2018 ) - Another re-release sees this well-reviewed RPG finally landing on a Nintendo console. One of Nintendo's most prominent criticisms for Switch is its lack of versatility in regards to managing game save data.

    Allen Investment Management LLC Acquires 758 Shares of Celgene Co. (CELG)

    The fund owned 8,617 shares of the biopharmaceutical company's stock after purchasing an additional 758 shares during the period. Robertson Opportunity Capital Ltd Llc reported 4.17% of its portfolio in Synopsys, Inc. (NYSE:HCA) for 100 shares. (NYSE:HCA).


Most liked

Plane hangs horrifyingly close to Black Sea after runway slip (VIDEO, PHOTOS)
The plane then tore through grass verges before digging into mud and coming to a terrifying stop - on a cliff edge. Yucel Yavuz said all 162 passengers and crew on board were evacuated and safe early Sunday.

Comerica Bank Sells 4816 Shares of United Parcel Service, Inc. (NYSE:UPS)
Lenox Wealth Advsrs Incorporated stated it has 0.01% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 9,100 shares. Lakeview Capital Prtn Ltd Company holds 2.44% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) on Tuesday, August 22.

OR vs Arizona basketball
Ethan Thompson had 11 points and seven assists after tallying nine points and five assists in the past three games combined. Arizona was able to overcome mistakes (17 turnovers) to get the win and move to 14-4 overall and 4-1 in the Pac-12.

Form Man City star backed to handle hostile Liverpool return
Liverpool could remain unbeaten in their opening 12 home matches of a Premier League season for the first time since 2011-12. Manchester City have the knack of playing the same style of football, wherever they play and whoever they play.

Champions-elect tag not for me, says City boss Pep
"When I think about the game on Sunday, I can not forget the first we played against them", he added. He said: "In football and in sport, anything can happen".

Winfrey's Golden Globes speech sparks talk of 2020 presidential campaign
Trump appeared on Winfrey's long-running talk show in 1988 and again with his family in 2011, during her final season. On Tuesday, King suggested that her best friend's viewpoint remained unchanged. "It would be a pretty good ticket".

Newcastle United boss reveals his plans for Jonjo Shelvey
The way that we were working, and the chances we were creating, means that we can do it. Atsu was rested in Newcastle's Cup game against Luton Town.

Iowa flu cases shooting up faster than other states
Seven children died from the flu last week, bringing the total pediatric flu deaths reported to the CDC this season up to 20. Across the NHS, 59% of staff have had the vaccine but in some trusts less than 3 in 10 staff are protected.

Cenovus Energy Inc. (NYSE:CVE) Shares Move 7.81%
Sva Plumb Wealth Management Llc increased Yum China Hldgs Inc Com stake by 22,972 shares to 86,585 valued at $3.46M in 2017Q3. Bluecrest Capital Management Ltd decreased Arch Coal Inc stake by 16,150 shares to 12,628 valued at $906,000 in 2017Q3.

Rescue teams face hidden dangers in search for mudslide survivors
Forty-three people are still missing , Santa Barbara County Sheriff Bill Brown said at a news conference Thursday. But with the anticipated loss of utilities and sewage running into a nearby creek, "you have to leave", she said.

Nintendo: Expect More Nintendo Switch Titles From EA
Nintendo seems more interested in playing up the Switch's strengths, namely portability, and a unique software library. For about fifteen minutes , Nintendo sped through news on over a dozen current and upcoming Nintendo Switch titles.

Zach LaVine debuts in wild Bulls win
Eight of Drummond's 15 rebounds were on the offensive end, which helped Detroit to a 30-6 advantage in second-chance points. LaVine started for the Bulls on Saturday night and got off to a hot start, scoring five points in the opening quarter.

Vikings activate Bradford from IR for playoff game
Bradford hasn't played in a full game since throwing for 346 yards and three touchdowns in the opener against the Saints. On Saturday, the Vikings announced they activated Sam Bradford from injured reserve and waived tight end Kyle Carter.

New poll says Oprah would beat Trump in presidential election
"She had Donald Trump - this is before politics - her last week, and she had Donald Trump and my family, it was very nice". DeMille Award and gave one of the most empowering speeches that every woman deserves to hear and reflect on.

Pep wins record fourth Manager of the Month award
City come into the game still unbeaten in the league this season, and heavily linked with a move for Arsenal's Alexis Sanchez . The player has impressed in Ukraine under Paulo Fonseca and also impressed when the side faced City in the Champions League.