Tehran given export guarantees as Donald Trump threatens to scupper the agreement by withholding certificate of compliance

European Union business leaders have said they are prepared to do everything they can to salvage the Iran nuclear deal in the event of a US withdrawal, as the Danish credit agency extended export guarantees to Tehran ahead of a showdown with Donald Trump.

The US president has reportedly decided to decertify Iran’s compliance with the landmark nuclear deal next week. On Thursday he warned a meeting of US military leaders that Tehran was not living up to the “spirit of the agreement” and cryptically added they were witnessing “the calm before the storm”.

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