Trump withdraws US from Iran nuclear deal

2:47 p.m. ET, May 8, 2018

Nikki Haley: Trump "absolutely made the right decision"

Nikki Haley, the US ambassador to the United Nations, said Trump "absolutely made the right decision" to leave the Iran nuclear deal.

"This was a terrible deal that only allowed Iran’s bad international conduct to worsen," she said in a statement.

Here's the full statement:

The President absolutely made the right decision to pull out of the Iran nuclear deal. This was a terrible deal that only allowed Iran’s bad international conduct to worsen. We must never allow Iran to get nuclear weapons, and we must resist their support for terrorism that continues to threaten America and our allies.

5:13 p.m. ET, May 9, 2018

Israel's prime minister: We support Trump's decision to withdraw

RONEN ZVULUN/AFP/Getty Images
RONEN ZVULUN/AFP/Getty Images

Israeli Prime Minister Benjamin Netanyahu said Israel fully supports President Trump’s announcement to withdraw from the Iran nuclear deal.

His remarks were made in a live television address from Jerusalem after Trump’s address.

2:41 p.m. ET, May 8, 2018

France's Macron: We regret Trump's Iran deal decision

French President Emmanuel Macron just tweeted against Trump’s decision to leave the Iran deal.

In another tweet, he added: “We will work collectively on a broader framework, covering nuclear activity, the post-2025 period, ballistic activity, and stability in the Middle-East, notably Syria, Yemen, and Iraq.”

2:40 p.m. ET, May 8, 2018

Trump says deal sends a message: "The United States no longer makes empty threats"

President Trump, before signing a presidential memorandum to begin reinstating US sanctions on the Iranian regime, said his action sends critical message: "The United States no longer makes empty threats.”

“We will be instituting the highest level of economic sanction," he warned. "Any nation that helps Iran in its quest for nuclear weapons could also be strongly sanctioned by the United States.”

2:34 p.m. ET, May 8, 2018

Oil prices surge as Trump announces withdrawal from Iran deal

Oil prices are making a comeback as President Trump announces the United States will withdraw from the Iran nuclear deal.

In volatile trading, US crude is down about 1% for the day. It was down as much as 4.4% earlier.

2:31 p.m. ET, May 8, 2018

Trump: Withdrawing from the deal "will make America much safer"

President Trump was asked by a reporter how withdrawing from the deal would make America safer.

"This will make America much safer," Trump said, in response. "Thank you very much."

His remarks came moments after he announced that the US was pulling out of the Iran deal.

2:27 p.m. ET, May 8, 2018

Trump says secretary of state Pompeo is on his way to North Korea right now

President Trump said his secretary of state Mike Pompeo is currently en route Pyongyang to continue preparations for his upcoming summit with Kim Jong Un.

"Plans are being made, relationships are building," Trump said

Pompeo previously traveled to North Korea on Easter weekend for talks.

2:31 p.m. ET, May 8, 2018

Trump: "When I make promises, I keep them"

President Trump, in announcing that the US is pulling out of the Iran nuclear deal, said America "no longer makes empty threats."

“The United States no longer makes empty threats. When I make promises, I keep them.”

President Trump has panned the deal for years.

2:34 p.m. ET, May 8, 2018

Trump: We could have reached a "constructive deal" in 2015

President Trump called the Iran dead "a great embarrassment to me as a citizen and to all citizens of the United States."

The 2015 Iran deal, negotiated under former President Barack Obama gave Iran relief from sanctions in exchange for limits on its nuclear activities.

"A constructive deal could easily have been struck at the time. But it wasn’t," Trump said. "At the heart of the Iran deal was a giant fiction that a murderous regime desired only a peaceful nuclear energy program."