Chinese Foreign Minister Wang Yi
The 2015 deal stipulates that USA presidents must sign a waiver suspending the sanctions regimen on Iran every four months.
Iran's Foreign Ministry said on Saturday that Iran will never renegotiate the 2015 nuclear deal, formally known as JCPOA, despite the USA pressures.
Iran's Foreign Ministry has announced that the country will commit to no obligations beyond those it has already agreed to under an global nuclear deal.
Trump now will work with European partners on a follow-on agreement that enshrines certain triggers that the Iranian regime can not exceed related to ballistic missiles, said senior administration officials who briefed reporters on the decision.
Although he will uphold the agreement by waiving sanctions targeting Iran's access to the worldwide financial system, Trump is also expected to reinstate sanctions targeting Iranian firms and individuals that were scrapped as part of the 2015 nuclear deal, AP, citing six people briefed on the matter.
"This is a last chance", said in a statement.
"Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal", Trump said in a statement.
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While Trump has repeatedly railed that the deal was "one of the worst" that the USA had signed, the European Union's foreign policy chief has publicly disagreed in the past.
The deal on Iran's nuclear program was reached between Iran and six worldwide mediators (the United Kingdom, Germany, China, Russia, the United States, and France) on July 14, 2015. JCPOA is not renegotiable: "rather than repeating exhausted rhetoric, United States must bring itself into full compliance -just like Iran".
Responding to Trump's speech late Friday, Zarif tweeted: "Rather than repeating exhausted rhetoric, US must bring itself into full compliance - just like Iran". Targets include the head of the Iran judiciary, Sadegh Amoli Larijani, and a Chinese ceramics company called BOCHUANG CERAMIC, INC. JCPOA is not renegotiable: "rather than repeating exhausted rhetoric, U.S. must bring itself into full compliance-just like Iran", he wrote.
The White House also announced Friday that the administration is placing new, specific sanctions on 14 Iranian people or agencies. He wants a more aggressive approach to Iran over its nuclear and ballistic missile programmes. The U.S. State Department said it expects a decision to be made later Thursday or by the Friday deadline.
On Friday, Iran's Foreign Minister Mohammad Javad Zarif said on Twitter Mr Trump's decision undermined the multilateral agreement.
The Iran nuclear agreement - signed in 2015 by the Obama administration, Iran and other world powers - lifted economic sanctions in exchange for Tehran agreeing to give up its nuclear ambitions.
U.S. Treasury Secretary Steve Mnuchin said on Thursday that he expected Trump to impose new sanctions on Iran.
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