Trump on Iran and the nuclear deal

  • No action taken by Iran has been more dangerous than its pursuit of nuclear weapons
  • This was a horrible, one-sided deal that should have never been made
  • Cites Israel documents that Iran tried to pursue nuclear weapons
  • US can't allow sunset clause
  • Inspections lack adequate mechanisms, can't inspect military facilities
  • We can't prevent an Iran nuclear bomb under this deal
  • Leaves JCPOA
  • Will sign memorandum to begin reinstating sanctions
  • Any nation that aids Iran on nukes will face sanctions
  • "Iran's leaders will say they refuse to negotiate a new deal. That's fine. I'd probably say same thing. But fact is, they will want to negotiate... I am ready, willing and able."

The critical point is that he will exit the deal. A memorandum isn't exactly action.

That and the conciliatory tone at the end about being willing to renegotiate is certainly notable. It wasn't quite the fire-and-fury it could have been.

Oil is higher on the headlines, up to $70.39 then backing off down to $69.50.

What we're waiting for here is some clarification about what goes into effect right away, if anything.