Transcript: Donald Trump's Iran nuclear deal speech in full

Trump displays a presidential memorandum after announcing his intent to withdraw from the deal [Jonathan Ernst/Reuters]

Here is US President Donald Trump’s speech on Tuesday on the US withdrawal from the 2015 nuclear deal in full:

“My fellow Americans: Today, I want to update the world on our efforts to prevent Iran from acquiring a nuclear weapon.

“The Iranian regime is the leading state sponsor of terror. It exports dangerous missiles, fuels conflicts across the Middle East, and supports terrorist proxies and militias such as Hezbollah, Hamas, the Taliban and al-Qaeda.

“Over the years, Iran and its proxies have bombed American embassies and military installations, murdered hundreds of American service members, and kidnapped, imprisoned, and tortured American citizens.  The Iranian regime has funded its long reign of chaos and terror by plundering the wealth of its own people.

‘Don’t walk away’: Boris urges Trump to stay in Iran nuclear deal

“Therefore, I am announcing today that the United States will withdraw from the Iran nuclear deal.

“In a few moments, I will sign a presidential memorandum to begin reinstating US nuclear sanctions on the Iranian regime.  We will be instituting the highest level of economic sanction. Any nation that helps Iran in its quest for nuclear weapons could also be strongly sanctioned by the United States.

“America will not be held hostage to nuclear blackmail.  We will not allow American cities to be threatened with destruction. And we will not allow a regime that chants ‘Death to America’ to gain access to the most deadly weapons on Earth.

Iran nuclear deal: Tehran braces for Trump’s decision

“Today’s action sends a critical message: The United States no longer makes empty threats. When I make promises, I keep them.  In fact, at this very moment, Secretary Pompeo is on his way to North Korea in preparation for my upcoming meeting with Kim Jong-un. Plans are being made. Relationships are building.  Hopefully, a deal will happen and, with the help of China, South Korea, and Japan, a future of great prosperity and security can be achieved for everyone.

“As we exit the Iran deal, we will be working with our allies to find a real, comprehensive, and lasting solution to the Iranian nuclear threat. This will include efforts to eliminate the threat of Iran’s ballistic missile program; to stop its terrorist activities worldwide; and to block its menacing activity across the Middle East.  In the meantime, powerful sanctions will go into full effect. If the regime continues its nuclear aspirations, it will have bigger problems than it has ever had before.

“Finally, I want to deliver a message to the long-suffering people of Iran: The people of America stand with you. It has now been almost 40 years since this dictatorship seized power and took a proud nation hostage. Most of Iran’s 80 million citizens have sadly never known an Iran that prospered in peace with its neighbors and commanded the admiration of the world.

“But the future of Iran belongs to its people. They are the rightful heirs to a rich culture and an ancient land.  And they deserve a nation that does justice to their dreams, honor to their history and glory to God.

“Iran’s leaders will naturally say that they refuse to negotiate a new deal; they refuse.  And that’s fine.  I’d probably say the same thing if I was in their position. But the fact is they are going to want to make a new and lasting deal, one that benefits all of Iran and the Iranian people.  When they do, I am ready, willing, and able.

“Great things can happen for Iran, and great things can happen for the peace and stability that we all want in the Middle East.

“There has been enough suffering, death, and destruction.  Let it end now.

“Thank you. God bless you. Thank you.”