U.S. President Donald Trump holds up a memorandum reinstating sanctions on Iran after the U.S. withdrawal from the Iran nuclear deal at the White House in Washington on May 8, 2018.
U.S. President Donald Trump holds up a memorandum that reinstates sanctions on Iran after announcing his decision to withdraw from the nuclear deal, at the White House on May 8. (Chip Somodevilla/Getty Images)
The picture illustrates euro and United States 100-dollar banknotes bearing the portrait of US statesman, inventor and diplomat Benjamin Franklin next to Iran's rial banknotes, bearing a portrait of Iran's late founder of Islamic Republic Ayatollah Ruhollah Khomeini in Tehran on September 30, 2012. Iran's currency, the rial, dived to a new low of around 29,600 to the dollar in open trading, losing over 60 percent of its value since the end of last year according to exchange tracking websites as draconian Western economic sanctions take effect that has spurred already high inflation to even greater heights, with food costs soaring more than 50 percent. AFP PHOTO/ATTA KENARE (Photo credit should read ATTA KENARE/AFP/GettyImages)
WASHINGTON, DC - MAY 05: Sen. Charles Schumer (C) (D-NY) listens to questions from reporters following the weekly Democratic caucus policy luncheon at the U.S. Capitol May 5, 2015 in Washington, DC. Reid spoke on pending legislation before the U.S. Senate on a balanced budget, an agreement with Iran on nuclear research, and pending trade legislation. (Photo by Win McNamee/Getty Images)
