Iran's Foreign Minister Mohammad Javad Zarif had earlier said on Twitter that Trump's decision undermined the multilateral agreement. "But the clear reluctance with which he has issued the sanctions waivers will continue to weigh on the business community", said Esfandyar Batmanghelidj, founder of the Europe-Iran Forum, a business network.
The White House wants a deal with European Union signatories to make restrictions on Iran's uranium enrichment permanent.
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On Friday, Trump extended waivers of key economic sanctions on Iran for another 120 days but said he was doing so "for the last time".
Bhala can discuss why the president's position is wrong as well as the requirements of the deal for the U.S., Iran and worldwide allies.
The statement was made in the wake of US President Donald Trump's announcement on January 12 of his decision to waive sanctions on Iran as required by the JCPOA, also known as the Iran nuclear deal. While not reinstating sanctions related to the nuclear deal, Trump did impose new sanctions on 14 Iranian people and organizations in response to recent violence against protesters there.
Senior U.S. administration officials told reporters Trump would work with Europeans on a follow-on deal to enshrine triggers that the Iranian government could not exceed related to ballistic missiles. There are about 400 International Atomic Energy Agency (IAEA) inspectors in Iran, and they indicate Iran is complying with the deal.
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The other signatories to the deal - Britain, China, France, Germany and Russian Federation - and the European Union, which oversaw the talks, were watching carefully. According to Federica Mogherini, the "deal is working; it is delivering on its main goal, which means keeping the Iranian nuclear program in check and under close surveillance".
Responding to Trump's speech late Friday, Zarif tweeted: "Rather than repeating exhausted rhetoric, USA must bring itself into full compliance - just like Iran".
The parliamentarian went on to say that if the U.S. really makes such a move (violating the key provision), Iran will show a reaction that would astound not only the USA but the entire world. The new deal - which Trump envisions as being outlined in USA law and involving Britain, France and Germany - would impose tougher controls on Iran if sanctions relief is to continue.
Mr Trump has strongly criticised the deal, which was reached during Barack Obama's presidency and helped end a long crisis.
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The officials notably did not say that Trump expected the other two nations party to the deal - Russian Federation and China - to join in the revision of the deal.