• President Trump declared he was withdrawing the U.S. from the Iran nuclear accord, calling it a “horrible one-sided deal” that didn’t bring peace and never would. But America’s European allies have committed to staying in the deal, raising fears of a diplomatic and economic clash as the U.S. reimposes stringent sanctions on Iran. The sanctions would require European countries to reduce their oil imports from Iran, while European companies would have to close their operations there or incur penalties from the American banking system. (Here’s how the world reacted to the announcement.) Our national security correspondent sees Mr. Trump’s decision as a grand, highly risky bet that he can “break the regime.”_____

Source: New York Times May 09, 2018 03:00 UTC