10 things you need to know today: May 9, 2018

Trump quits the Iran nuclear deal, Cohen reportedly received $500,000 from a firm tied to a Russian oligarch, and more

Trump announced that the U.S. is leaving the Iran nuclear deal.
(Image credit: SAUL LOEB/AFP/Getty Images)

1. Trump announces U.S. will withdraw from Iran deal

President Trump announced Tuesday that he was withdrawing the U.S. from the 2015 Iran nuclear deal brokered under former President Barack Obama, calling it "horrible" and "one-sided." "If we do nothing, we know exactly what will happen," Trump said. "In just a short period of time, the world's leading state sponsor of terror will be on the cusp of acquiring the world's most dangerous weapons." The leaders of the U.K., France, and Germany urged Iran to "continue to meet its own obligations under the deal" despite Trump's plan to reimpose punishing sanctions. Iranian President Hassan Rouhani said he would dispatch envoys to discuss saving the pact with other world powers, but warned that Iran could quickly resume enriching uranium "without any limitations."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.