LOUISVILLE, Ky. (WDRB) -- President Donald Trump says Iran is not living up to the "spirit" of the nuclear deal that it signed in 2015 and he plans to implement a new strategy.

The news came Friday afternoon during a speech President Trump delivered from the White House.

Calling the nuclear deal "one of the worst" and most "one-sided transactions the United States has ever entered into," Trump argued that the sanctions lifted as a result of the deal gave the country's leaders a "lifeline" when they were in financial trouble. He also criticized the deal for allegedly fostering weak inspections in exchange for only a temporary delay in Iran's path to nuclear weapons.

As a result, Trump says the administration will seek to counter the regime's destabilizing activities and will impose additional sanctions on the regime to block its financing of terrorism.

The president says the new strategy will also seek to address the proliferation of Iran's missiles and weapons -- and he says the U.S. will deny Iran's paths to develop nuclear weapons.

He added that he will not re-certify the Iran nuclear deal because the country is not living up to the spirit of the deal and has committed "multiple violations."

Trump stated that he "cannot and will not make this certification."

Trump says he is directing his administration to work closely with Congress to address the deal's "many flaws" and to make sure the country can never threaten the U.S. with nuclear weapons.

He says that if Congress can't come up with new legislation, he will terminate the Obama-era pact.

Any decision to re-impose nuclear-related sanctions would automatically kill America's participation in the deal. Trump's move is essentially a compromise that allows him to condemn the accord but stop short of torpedoing it.

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