Iran may stand down on nuclear threat after Europe, China work to bypass US sanctions
Source: ABC News
Iran may be standing down on its nuclear threat, at least for now, after Europe and China moved on Friday to ignore or bypass U.S. sanctions.
It's a sign of the Trump administration's isolation on the world stage when it comes to the Iran nuclear deal, as it tries to cripple Iran financially and drive it to the negotiating table for a "more comprehensive deal" – something Iran has said won't happen.
The remaining participants in the nuclear deal, formally known as the Joint Comprehensive Plan of Action, or JCPOA, met for three hours Friday in Vienna, Austria. Iran had vowed that if it did not start to receive financial gain from the nuclear deal by Thursday, it would breach its limits on enriched uranium.
Under the JCPOA, Iran agreed to limitations on and inspections of its nuclear program in exchange for lifting most sanctions on the country. But after President Donald Trump withdrew the U.S. from the accord in May 2018, the U.S. has reimposed sanctions, including on Iran's oil exports, and tried to enforce them vigorously. That's scared away European businesses from Iran and caused the country's economy to contract dramatically.
Read more: https://www.msn.com/en-us/news/world/iran-may-stand-down-on-nuclear-threat-after-europe-china-work-to-bypass-us-sanctions/ar-AADzJGi
Sounds like a f___ you to Donald Trump.
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