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Meanwhile, the president's decision on the Iran deal has placed the U.S. government at odds with key European allies, including the UK, France and Germany, who described the move as regrettable.

Six countries, including the U.S. negotiated the deal: the five permanent members of the United Nations Security Council -the U.S., Britain, France, China and Russian Federation - as well as Germany.

Iran says it is ready to restart its nuclear program on an "industrial scale" in the wake of the decision by US President Donald Trump to abandon the deal that curbs the country's nuclear ambitions.

On Thursday, the Iranian government said that the country will remain in the nuclear deal, pending talks on the future of the agreement with China, France, Russia, the United Kingdom and Germany.

There's no doubt that American allies in the Iran nuclear deal are disappointed with Trump's decision.

"We regret the decision by the United States to pull out, but we are still hopeful we are going to be able to keep Iran from developing nuclear weapons".

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Iran's nuclear deal was signed in 2015 by seven nations.

British Foreign Secretary Boris Johnson told his Parliament that Britain will continue to respect the deal as long as global inspectors can verify Iran's compliance. Or if Iran reached certain thresholds in nuclear development? Although the resumption of sanctions against Tehran is likely to occur within the next six months, Trump's order has already blocked all new US-Iranian contracts and set 90 and 180-day deadlines for US companies to stop their cooperation with the Islamic Republic. But in his farewell email, he expressed his belief that the Iran nuclear deal "would only further help to lay the foundation for a Middle East free of weapons of mass destruction, a goal we all share".

"The exit from the Iran deal... marks the biggest rupture in transatlantic relations since the end of the Cold War and mocks the west's efforts to uphold a rules-based order", The Financial Times writes.

Maloney said the Europeans can try to shield some companies but cannot preserve all the trade and investment that transpired under the sanctions waivers that Trump eliminated this week.

Moments after Trump's decision Tuesday, Mnuchin told reporters that these Europe-Iran business agreements will be voided.

The nation's uncertain business climate will hurt investment, even if USA allies continue to do business with Tehran.

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The withdrawal also reinforced the anti-American hostility of Ayatollah Ali Khamenei, Iran's supreme leader, who reluctantly had gone along with Mr. Rouhani and his nuclear negotiators.

But not everyone thinks Trump made the wrong decision.

Stress in between Israel and Iran is absolutely nothing brand-new, obviously.

Russian Federation said late Tuesday that it was "deeply disappointed" by the US decision to pull out of the deal, and ready to work with other parties to keep it alive. Even a whiff of nuclear activity in Iran might be enough to create a disaster.

Major European and USA companies are likely to be hit. The group is headed by a former energy secretary who led the US technical team during the Iran negotiations.

In this photo released by an official website of the office of the Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei attends a meeting wit.

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