Trump, who made his opposition to the 2015 agreement a cornerstone of his presidential election campaign, said he would use the next four months "to secure our European allies' agreement to fix [its] terrible flaws".
"Instead, I have outlined two possible paths forward: either fix the deal's disastrous flaws, or the United States will withdraw". The Islamic Republic is reviled in the Beltway as a brutal, dangerous, theocratic government that has anti-Americanism is in its DNA. "In the absence of such an agreement, the United States will not again waive sanctions in order to stay in the Iran nuclear deal". "You'll be finding that out very soon", he said when Trump was asked what is his current thinking on Iran.
"Trump's policy & today's announcement amount to desperate attempts to undermine a solid multilateral agreement", Iran's Foreign Minister Javad Zarif said in a tweet on Friday.
Still, Trump left some room to maneuver in his statement.
The 2015 deal, he said, "is not renegotiable".
Other sanctioned firms included another China-based company, Bochuang Ceramic Corp, and the Iranian firm it sought to supply with a chemical compound used in the transmission of electrical signals. Iran must allow "immediate inspections at all sites requested by international inspectors", he said, and "sunset" provisions imposing limits on Iran's nuclear programme must not expire.
Trump also slapped new sanctions on 14 individuals and entities that commit human rights abuses or support the country's ballistic missile programs, which are outside the scope of the nuclear deal.
In October, Trump refused to certify to Congress that the deal is in the US national interest.
"Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal".
Officials said the administration will discuss the changes it is seeking with Europeans but will not talk directly with Iran.
Several officials said they expected Trump to warn that he would not waive the sanctions again unless Congress agreed on legislation to tighten the nuclear deal.
"It's evolving", the Tennessee Republican added, noting that "the big thing is what the president is going to do". "He curried favor with the Iranian regime in order to push through the disastrously flawed Iran nuclear deal", he said. If other nations fail to act during this time, I will terminate our deal with Iran.
Rubio issued a statement recommending that Trump should "impose new sanctions against elements of the Iranian government, including the Central Bank of Iran and other Iranian banks, that are involved in or facilitating the regime's human rights abuses against Iranian protesters, its ballistic missile program, or its support for terrorism".
UN inspectors have certified Iran's compliance with the deal nine times, most recently in November.
President Donald Trump has handed European allies an ultimatum to revamp the nuclear deal with Iran, something they have no intention of doing, posing a potential new conflict with other world leaders.
Diplomacy Works, a pressure group set up by former secretary of state John Kerry to defend the deal, was scathing. Make the deal tougher, or the U.S. will stop keeping its end of the bargain with sanctions relief.
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