President Donald Trumpinfo-icon has announced his decision to withdraw the United Statesinfo-icon from Iraninfo-icon's nuclear deal with the worldinfo-icon powers and re-impose sanctions against the Islamic Republic.

"I am announcing today that the United States will withdraw from the Iran nuclear deal," Trump said Tuesday in a televised address from the White House.

"In a few moments, I will sign a presidential memorandum to begin reinstating USinfo-icon nuclear sanctions on the Iranian regime. We will be instituting the highest level of economic sanctions."

The announcement came despite massive efforts by the European allies of the US to convince Trump to stay in the 2015 deal, known as the Joint Comprehensive Plan of Action (JCPOA), reached between Iran and the P5+1, five permanent members of the UN Security Council - the US, Franceinfo-icon, Britaininfo-icon, Russiainfo-icon and Chinainfo-icon - plus Germanyinfo-icon.

European Unioninfo-icon, France, the United Kingdominfo-icon, and Germany have expressed support for the deal in the wake of new anti-Iran claims by Israelinfo-icon.

Iran has on numerous occasions asserted that its nuclear program is merely peaceful and not meant to make nukes.