Historic deal on Iran's nuclear program from 2015 provides for the removal of sanctions against Iran in exchange for limiting its opportunities for the enrichment and storage of nuclear materials.
Protests broke out in several Iranian cities today over the dramatic drop of the country's currency and other economic problems ahead of the imposition of renewed United States sanctions, IRNA reported.
In May, Trump pulled the United States out of a 2015 deal between world powers and Tehran under which global sanctions were lifted in return for curbs on its nuclear program.
Already facing broad economic fallout as their currency implodes, Iranians are wondering how the next phase of the crisis in US relations will play out - and what, exactly, America's long-term strategy is toward their country.
"If this negotiation (is) carried out in any form, then it will be considered as surrender, and the Iranian nation will not surrender", he said.
After the official statement, the US President signed the Memorandum on the resumption of sanctions against Iran.
Instead, Iran hopes to improve relations with Europe, who it hopes will fearless USA sanctions to continue to buy its oil. "That's the behavioral change that we're looking for from the Iranian regime".
Non-oil exporters will be allowed to sell hard currency to importers, and there will be no limit on bringing currency or gold into the country. But they denied security forces were involved, Iranian news agencies reported. Sanctions on trade in Iranian metals and automobiles go back into effect Monday.
On Wednesday, U.S. officials told reporters the naval fleet of Iran's Islamic Revolutionary Guard Corps (IRGC) is planning to use 100 gunboats in the Persian Gulf to practice "swarm" tactics, an exercise that is usually reserved for the fall.
He later said in a message on Twitter that the United States was "deeply concerned about reports of Iranian regime's violence against unarmed citizens" and urged respect for human rights.
The president also issued an all-caps threat to Iranian President Hassan Rouhani last month, warning him not to threaten the USA or "YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE". Authorities said by early evening, all protesters had dispersed.