European countries including France and Italy have benefited from renewed trade with Iran, whose proven natural gas reserves are as vast as Russia's, while Britain reopened its embassy in Tehran following the deal.
But he says this waiver will be the last and is meant to secure an agreement from European allies to fix what he says are flaws in the pact.
The White House wants a deal with European Union signatories to make restrictions on Iran's uranium enrichment permanent.
Germanysaid Friday it remained committed to the deal and that it would consult with "European partners to find a common way forward".
This is in addition to the five entities in Iran sanctioned last week and previous sanctions targeting Iran's ballistic missile program.
The US Treasury issued a statement on Friday saying Ayatollah Amoli-Larijani was responsible for the "torture or cruel, inhumane, and degrading treatment or punishment of prisoners in Iran, including amputations". The administration accuses Larijani of being responsible for the violent crackdown on dissidents in Iran during recent protests. Top Republican Senator Marco Rubio said the "deeply flawed Obama Iran deal" should not be a grant of immunity to Iran from sanctions related to non-nuclear activities.
In particular, placing judiciary chief Ayatollah Sadegh Larijani on the sanctions list "crossed all red lines of conduct in the worldwide community. and the government of the United States will bear responsibility for all the consequences of this hostile move".
It added that Trump had continued to "take hostile measures against the Iranian people and repeating the threats that have failed many times".
In a tweet, Iranian Foreign Minister, Javad Zarif said, "Trump's policy & today's announcement amount to desperate attempts to undermine a solid multilateral agreement..." Trump has said that the nuclear deal, which he called the "worst deal in history", was flawed in part because it did not address missile development. With a looming deadline on Friday over waiving the sanctions, it's unclear what the President will do.
U.S. regulations require the president to endorse JCPOA every 90 days and extend waivers of economic sanctions against Iran every 120 days.
Three months ago, Trump answered a congressional deadline by refusing to "certify" USA participation in the deal.
The President has argued that the deal makes the United States look weak but is allegedly willing to waive the sanctions in order to toughen the terms of the agreement.
But that move would likely play into the hands of the country's hardliners, who could plausibly argue that America really is as devious as they have warned over the years, while creating even more tension in the Middle East. Trump's pro-deal cabinet members, like Secretary of State Rex Tillerson and Defense Secretary James Mattis, appear to have won the day with this line of thinking, for the time being.
In October, Trump said he would not certify Iran's compliance with the nuclear agreement that was negotiated under the previous administration because it was "in violation of the spirit" of the accord. Work already has begun on this front.
Hard-liners on Iran in the US Congress have called for the reimposition of the suspended sanctions and an end to the nuclear deal, while some liberal Democrats want to pass legislation that would make it harder for Trump to pull Washington out without congressional consent.
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