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:

  • 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.

    Nexstar Media Group (NXST) Earns Buy Rating from Noble Financial

    The rating was upgraded by Citigroup on Wednesday, April 19 to "Neutral". (NASDAQ:NXST) to report earnings on February, 27. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock.

    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.
  • Sanchez future uncertain as United, City circle

    The midfielder is said to be happy in London and has insisted in the past that he wishes to remain an Arsenal player . The 29-year-old is out of contract in the summer and has been linked with a January move to Manchester City .

    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.
    'No hope of survivors' as Iranian tanker ablaze off China coast sinks

    'No hope of survivors' as Iranian tanker ablaze off China coast sinks

    The National Iranian Tanker Co. describes itself as operating the largest tanker fleet in the Middle East. They retrieved the ship's black box but had to evacuate because of the toxic smoke and high temperatures.
  • 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.
    DU student arrested for mowing down pedestrian in his BMW

    DU student arrested for mowing down pedestrian in his BMW

    The incident, which was captured on a CCTV camera, is believed to have taken place on January 10. Seconds later the maroon-coloured BMW is seen speeding away, leaving the man dead on the road.

    Cisco Systems, Inc. (CSCO) Shares Bought by Lincoln National Corp

    BARTZ CAROL had sold 200,000 shares worth $7.59M on Thursday, December 14. ( NASDAQ : CSCO ) shares were sold by Robbins Charles. The firm earned "Overweight" rating on Monday, August 15 by Barclays Capital. (NYSE:HP) on Thursday, July 13 with "Sell" rating.
  • Form Man City star backed to handle hostile Liverpool return

    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.
    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.
    Iowa flu cases shooting up faster than other states

    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.


Most liked

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.

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".

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.

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.

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".

Ishant Sharma's Selection Over Bhuvneshwar Kumar For 2nd Test Leaves Millennials Baffled
Stay tuned for live updates and scorecard from the zeenews.com sports team. I was happy with whatever I learnt from that match.

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.

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.

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.

Uhuru watches as Zuma is booed
President Uhuru Kenyatta is on a highly-publicised trip down South, a trip that started on a slightly bad footing after a major security lapse.

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.

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.

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.