This step evidently falls short of outright abrogation of the Iran Nuclear Agreement. Stay tuned. From Tyler Durden at zerohedge.com:
Update: Confirming our note from earlier this morning, the Washington Post has just confirmed that President Trump will deliver a speech next Thursday to officially announce plans to “decertify” the international nuclear deal with Iran. According to WaPo, Trump is expected to lay out a broader strategy with respect to Iran but will stop short of reimposing sanctions that would nullify the agreement.
President Trump plans to announce next week that he will “decertify” the international nuclear deal with Iran, saying it is not in the national interest of the United States and kicking the issue to a reluctant Congress, people briefed on an emerging White House strategy for Iran said Thursday.
The move would mark the first step in a process that could eventually result in the resumption of U.S. sanctions against Iran, which would blow up a deal limiting Iran’s nuclear activities that the country reached in 2015 with the U.S. and five other nations.
Trump is expected to deliver a speech, tentatively scheduled for Oct. 12, laying out a larger strategy for confronting the nation it blames for terrorism and instability throughout the Middle East.
Under what is described as a tougher and more comprehensive approach, Trump would open the door to modifying the landmark 2015 agreement he has repeatedly bashed as a raw deal for the United States. But for now he would hold off on recommending that Congress reimpose sanctions on Iran that would abrogate the agreement, said four people familiar with aspects of the president’s thinking.
All cautioned that plans are not fully set and could change. The White House would not confirm plans for a speech or its contents. Trump faces an Oct. 15 deadline to report to Congress on whether Iran is complying with the agreement and whether he judges the deal to be in the U.S. national interest.
To continue reading: Trump Expected To “Decertify” Iran Nuclear Deal Next Thursday