President Donald Trump has announced today that he is withdrawing the United States from the Iran nuclear deal.
The President said in a speech at the White House that the deal “should have never been made.”
“It was a horrible, one-sided deal that didn’t bring peace and never will,” he said when announcing his decision.
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“It is clear to me that we cannot prevent an Iranian nuclear bomb under the decaying and rotten structure of the current agreement. The Iran deal is defective at its core. If we do nothing, we know exactly what will happen.”
“I am announcing today that the United States will withdraw from the Iran nuclear deal.
“In a few moments, I will sign a presidential memorandum to begin reinstating US nuclear sanctions on the Iranian regime.”
It’s understood the US economic sanctions will force oil prices to skyrocket and increase conflict in the Middle East.
The initial agreement was formed in 2015 between the United States, the United Kingdom, France, Russia, China, Germany, and the European Union.
Following the announcement, Iranian television said Trump’s decision was “illegal, illegitimate and undermines international agreements.”
Statement on the Iran Nuclear Deal: https://t.co/O3SpryCKkc
— Donald J. Trump (@realDonaldTrump) May 8, 2018