Trump displays the presidential memorandum after announcing his intent to withdraw from the Iran nuclear agreement. REUTERS/Jonathan Ernst
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U.S. President Donald Trump Tuesday pulled the United States out of an international nuclear deal with Iran in a step that will raise the risk of conflict in the Middle East, upset America's European allies and bring uncertainty to global oil supplies. Trump, speaking in a televised address from the White House, said he would reimpose economic sanctions on Iran. The 2015 deal, worked out by the United States, five other international powers and Iran, eased sanctions on Iran in exchange for the country limiting its nuclear program.Trump has attempted to erase parts of Obama's legacy and last year withdrew from the 12-country Trans-Pacific Partnership trade deal and the Paris climate accord.Trump's decision is a snub to European allies such as France, Britain and Germany who also are part of the Iran deal and tried hard to convince the U.S. president to preserve it.Trump did not provide details of what he described as the "highest level of economic sanctions" that he is reimposing on Iran.
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