US to revoke Iran nuclear cooperation sanctions waivers

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The Trump administration is ending nearly all of the last vestiges of U.S. sanctions relief provided under the 2015 Iran nuclear deal, according to current and former U.S. officials and congressional aides

1 / 2PompeoSecretary of State Mike Pompeo speaks during a press briefing at the State Department on Wednesday, May 20, 2020, in Washington. WASHINGTON — .

The waivers were last renewed at the end of March and are due to expire at the end of the week. The revocations will give foreign companies 60 days to wind down their operations, according to the officials, who were not authorized to publicly discuss the matter and spoke on condition of anonymity. A formal announcement was expected on Thursday.

President Donald Trump withdrew from the nuclear deal in 2018 and has steadily reimposed U.S. sanctions on Iran that had been eased or lifted under its terms. The “civilian-nuclear cooperation” waivers allow foreign companies to do work at some of Iran’s declared nuclear sites without becoming subject to U.S. sanctions.

 

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Big mistake. Should have never revoked the Nuclear Deal with Iran.

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