NHK reported this morning that President Trump announced on Tuesday that the U.S. will pull out of the Iran nuclear deal known as JCPOA and reinstate its economic sanctions against the nation. The network said the U.S. withdrawal could lead to the collapse of the nuclear deal framework and send shockwaves through the international community, including European nations, which has been hoping to maintain the nuclear deal. According to the USG, foreign financial institutions that have dealings with the Iranian central bank and companies involved in the trade of Iranian oil and resources will be subject to sanctions. The network said the President pointed out that there are flaws in the current nuclear deal, and that the U.S. will withdraw from it if they are not amended by May 12.
An NHK reporter said the President had North Korea in mind when announcing the planned U.S. withdrawal, quoting a senior USG official as saying that the announcement sends a “signal that the U.S. will not conclude an inadequate agreement with North Korea” ahead of the summit.