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Trump on Joint Comprehensive Plan of Action: We will withdraw from deal

President Trump is making remarks on the Joint Comprehensive Plan of Action, (AKA The Nuclear Deal). Trump, as part of his campaign pledges, has threatened to take an axe to the deal, stating it was the 'worst deal ever' - with key headlines found below.

  • Leading state sponsor of terror.
  • Fuel conflicts across ME.
  • Supports terrorism.
  • Has murdered hundreds of US service members kidnapped and tortured US citizens.
  • Plundered the wealth of own people.
  • It's pursuit of nuclear weapons.
  • Deal lifted crippling sanctions in exchange for weak limits n regimes nuclear activity.
  • Sinister activities in Yemen and Syria.
  • The disastrous deal gave the regime of great terror many billions of dollars, some in cash.
  • A great embarrassment to me as a citizen of US.
  • At heart of Iran deal was a giant fiction.
  • The definitive proof Iranian promise was a lie.
  • The horrible one sided deal should never have been made.
  • Will never bring peace.
  • Sunset deal unacceptable. 
  • Iran's bloody ambitions have grown.
  • Will withdraw from deal.
  • Economic sanction at the highest level will be imposed
  • Will not be held at blackmail.
  • Working with allies to find a lasting solution to Iranian nuclear threat, to stop terror word wide and menacing acting across ME.
  • Powerful sanction to go into full effect.

 

Key notes

...markets expect Trump to scarp the deal and oil prices have risen accordingly. Nevertheless, this is more than a binary choice. Here are three scenarios...

Trump's Iran decision: 3 scenarios and consequences for currencies and oil.

About the Joint Comprehensive Plan of Action

The Joint Comprehensive Plan of Action is an international agreement on the nuclear program of Iran reached in Vienna on 14 July 2015 between Iran, the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany), and the European Union. is an international agreement on the nuclear program of Iran reached in Vienna on 14 July 2015 between Iran, the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany), and the European Union. 

 

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