President Donald Trump on Friday announced that he will waive sanctions against Iran for the final time, extending the life of an international nuclear accord that he disavowed three months ago.
Rather than continue to periodically extend sanctions relief, which is currently required to keep the deal alive, Trump will work with European partners on developing new provisions to strengthen the deal.
Trump is essentially asking America's partners to make the deal permanent, a request that could be difficult for many to accept.
"Today, I am waiving the application of certain nuclear sanctions, but only in order to secure our European allies' agreement to fix the terrible flaws of the Iran nuclear deal," Trump said in a statement.
"This is a last chance. In the absence of such an agreement, the United States will not again waive sanctions in order to stay in the Iran nuclear deal. And if at any time I judge that such an agreement is not within reach, I will withdraw from the deal immediately." READ MORE