Speed Reads

This just in

Trump announces that the U.S. will withdraw from the Iran deal

President Trump announced Tuesday that the U.S. will withdraw from the Iran deal, which suspends punishing economic sanctions on Iran in exchange for Tehran's commitment to curbing its nuclear program. "In theory the so-called Iran deal was supposed to protect the U.S. and our allies from the lunacy of an Iranian nuclear bomb," Trump said, but "in fact, the deal allowed Iran to continue enriching uranium." The administration will reportedly not impose sanctions for up to six months.

Trump also addressed Iranian citizens, telling them: "The future of Iran belongs to its people."

Iranian President Hassan Rouhani has hinted that Tehran would respect the accord even if the U.S. doesn't, and CNN's Christiane Amanpour called Trump's decision "possibly the greatest deliberate act of self-harm and self-sabotage in geo-strategic politics in the modern era." Watch Trump's comments below. Jeva Lange