Via Fox News
President Trump is withdrawing the U.S. from the controversial Iran nuclear deal and imposing greater sanctions on the Middle Eastern nation, he said from the White House on May 8.
Calling the 2015 landmark accord “decaying and rotten,” Trump said the U.S. would “not be held hostage to nuclear blackmail” and promised to reinstate the highest level of sanctions on Iran. For months, Trump left open whether he would move to officially scrap the agreement or renegotiate it.
The deal, known as the Joint Comprehensive Plan of Action (JCPOA), had lifted most U.S. and international sanctions on Tehran as certain restrictions were placed on Iran’s nuclear program. The historic agreement was reached by Iran and several world powers, including the U.S., in 2015 under Barack Obama’s presidency.
But with his decision to scorch the deal, here’s a look at what happens next.
Trump is expected to reimpose all of the sanctions on Iran that were lifted as part of the 2015 deal, according to the Treasury Department. Some sanctions would be reimposed based on a 90-day timeframe and others on a 180-day period.
Those sanctions include precious metals, banknotes, shipping, the automotive sector and petroleum, according to guidance from the Treasury Department.
Speaking from the White House, the president promised to reinstate “the highest level of economic sanctions” waived in the deal. He warned countries that aid Iran with its nuclear arsenal “could also be strongly sanctioned.”
“As we exit the Iran deal, we will be working with our allies to find a real, comprehensive and lasting solution to the Iranian nuclear threat. This will include efforts to eliminate the threat of Iran’s ballistic missile program, to stop its terrorist activities worldwide and to block its menacing activity across the Middle East,” Trump said. “In the meantime, powerful sanctions will go into full effect. If the regime continues its nuclear aspirations, it will have bigger problems than it has ever had before.”
The criminality of Obama’s Iran nuke deal involved giving payoffs to Iranian banks, paying $400 million in ransom to the Iranian thugs for hostages, and essentially giving them the green light to make bombs.
Iran not only continued its nuke development , but used the aid from Obama as an added benefit.
BTW: The ‘treaty’ was never signed by Iran.: State Department, November 25, 2015: Iran deal is not legally binding. Iran did not sign it.
It was a disastrous deal that aided and abetted an Islamofascist regime. President Trump had every right and duty to pull out of that ‘deal’. Period.
Obama made up his own policy against the will of the American people and without the consent of Congress. He basically gave Iran permission to do as they pleased, carte blanche.
That shit is over.