European leaders vow to stand-up to Trump 'bullying' and save Iran deal

European leaders vow to stand-up to Trump 'bullying' and save Iran deal

Arguing the nuclear deal wasn't tough enough on Iran, Trump's government is now re-imposing sanctions, and any companies or governments with links to the USA face sanctions if they do not comply.

Meanwhile, thousands of Iranians signed a petition calling on authorities to resume the country's nuclear program, which was significantly curbed under the 2015 pact, in response to US President Donald Trump's pullout last week, Iran's semi-official Fars news site reported.

The United States' decision to pull out of the Iran nuclear deal threatens another war in the Middle East, likelier to be bloodier than the ones already ravaging the region.

National Security Advisor of the United States John Bolton said in an interview with CNN news that after the withdrawal from the Iran nuclear deal, the USA does not exclude sanctions against European Union companies for cooperation with Tehran.

"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their pants?" The White House has said the US will put those sanctions back into place.

In Berlin, Economy Minister Peter Altmaier said Germany was ready to give help to its affected firms, including legal advice, to continue doing business in Iran.

With the Iran deal in the rearview mirror, the next major test for Mr. Trump's team will be his negotiation with the North Korean leader, Kim Jong-un.

"In the end, the size of the US market dwarfs any prospect of any benefit they can get from Iran", Maloney said.

Iranian Foreign Minister Mohammad Javad Zarif will fly to Moscow for talks with the Russian government on Monday, before going to Tuesday's meeting in Brussels.

"This deal is not a bilateral treaty".

Iran's leaders pushed Sunday to preserve the nuclear deal with world powers after the USA pulled out of it, with its foreign minister embarking on a diplomatic tour to China demanding that the European signatories remain faithful to the accord.

"I know this is not the mood of our times", she added.

The French finance minister said he pushed U.S. Treasury Secretary Mnuchin this week for three things: exemptions for French companies operating in Iran; or the application of a so-called grandfather clause for deals struck in Iran since 2015; or an extension of the 90-day period to wind down operations in Iran.

With regard to oil prices and fundamentals, most analysts agree that the gravity of the effect USA sanctions against Iran will have is questionable.

Each company and bank will have to decide whether to risk being cut off from the US financial system. "Our goal should be regime change in Iran".