United States President Donald Trump has called on America's European allies to fix the "terrible flaws" in their 2015 landmark Iran nuclear deal, warning he will pull the U.S. out if his demand is not met.
The President has argued that the deal makes the US look weak but is allegedly willing to waive the sanctions in order to toughen the terms of the agreement.
"In the absence of such an agreement, the United States will not again waive sanctions in order to stay in the Iran nuclear deal".
It froze any assets he and the other individuals and entities on the list hold in the US, and "generally prohibited" Americans from engaging in transactions with them. The ministry also said Iran will not allow linking the "JCPOA to any other issue". "We have been under US sanctions for the last 40 years", said Farshad Alyan, a 26-year-old law student.
Mr Trump has repeatedly criticised the deal - reached under his predecessor Barack Obama - as "the worst ever". "The protesters in Iran are expressing legitimate grievances, including demanding an end to their government's oppression, corruption and waste of national resources on military adventurism".
"We are also targeting Iran's ballistic missile program and destabilizing activities, which it continues to prioritize over the economic well-being of the Iranian people", Mnuchin said in a statement.
By the time the next waiver signing rolls around in 120 days, Trump wants a new deal in place that removes "sunset clauses" allowing Iran to resume enhanced enrichment of fissile material within a decade, three senior administration officials said Friday.
Trump's decision was announced alongside another package of new sanctions - punishing not Iran's nuclear programme, but its alleged abuse of human rights in a crackdown on recent street protests.
"Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal".
The US withdrawal from the Iran deal "will deliver a very serious blow to the whole system of international agreements and to the enhancing of the nuclear nonproliferation regime", he added.
But the Trump administration indicated on Friday that it was losing patience with Iran.
Iran insists its nuclear program is only for peaceful purposes, while the United States and other countries claim it has been trying to develop nuclear weapons.
Third, unlike the nuclear deal, these provisions must have no expiration date.