'The United States is not trustworthy': Iran rejects meeting with Trump

Senior Iranian officials on Tuesday rejected U.S. President Donald Trump's offer of talks without preconditions as worthless and "a humiliation" after he acted to reimpose sanctions on Tehran following his withdrawal from a landmark nuclear deal.

Separately, Iranian President Hassan Rouhani said Trump's repudiation of the accord reached in 2015 was "illegal" and Iran would not easily yield to Washington's renewed campaign to strangle Iran's vital oil exports.

In May, Trump pulled the United States out of the multilateral deal concluded before he took office, denouncing it as one-sided in Iran's favour.

On Monday, he declared during a news conference at the White House that he would be willing to meet Rouhani "any time" without preconditions to discuss how to improve relations.

"I ended the Iran deal. It was a ridiculous deal," said Trump. "I do believe that they will probably end up wanting to meet and I'm ready to meet any time that they want to."

The head of Iran's Strategic Council on Foreign Relations said on Tuesday that Tehran saw no worth in Trump's offer, made only a week after he warned Iran it risked dire consequences few had ever suffered in history if it made threats against Washington.

"Based on our bad experiences in negotiations with America and based on U.S. officials' violation of their commitments, it is natural that we see no value in his proposal," Kamal Kharrazi was quoted as saying by the semi-official Fars news agency.

The council was set up by Iranian Supreme Leader Ayatollah Ali Khamenei to help formulate long-term policies for the Islamic Republic.

Trump's move to force Iran into fresh negotiations has for now reunited Iranian hardliners who opposed the nuclear deal and moderates like Rouhani who championed it to end the Islamic Republic's economically crippling standoff with Western powers.

Ali Motahari, the deputy speaker of Iran's parliament who is seen as part of Iran's moderate camp, said that to negotiate with Trump now "would be a humiliation."

"If Trump had not withdrawn from the nuclear deal and not imposed [new] sanctions on Iran, there would be no problem with negotiations with America," he told state news agency IRNA.

Iran's interior minister said Tehran did not trust Washington as a negotiating partner.

"The United States is not trustworthy. How can we trust this country when it withdraws unilaterally from the nuclear deal?" Abdolreza Rahmani Fazli was quoted as saying by the semi-official Fars news agency.

A senior aide to Rouhani said the only way back to talks was for Washington to return to the nuclear agreement.

"Respecting the Iranian nation's rights, reducing hostilities and returning to the nuclear deal are steps that can be taken to pave the bumpy road of talks between Iran and America," Hamid Aboutalebi tweeted on Tuesday.

Rounds of U.S. sanctions approaching

Under the 2015 deal, called the Joint Comprehensive Plan of Action, the fruit of Rouhani's efforts to ease Iran's international isolation to help revive its economy, Iran curbed its shadowy nuclear programand won relief from UN and Western sanctions in return.

Trump condemned the deal in part because it did not cover Iran's ballistic missile programand involvement in Middle East conflicts.

He reactivated U.S. sanctions, the most all-encompassing measures against Iran, and warned countries to stop importing Iranian oil from Nov. 4 or risk U.S. penalties.

The three major European signatories to the 2015 deal Britain, France and Germany have been searching for ways to salvage it, but cautioned Tehran that theymay not be able to persuade many major investors not to bolt from business with Iran to avoid U.S. punishment. China, Russia and the European Union were also signatories to the JCPOA.

Rouhani said during a meeting with Britain's ambassador on Tuesday that after what he called the "illegal" U.S. withdrawal from the nuclear deal, "the ball is in Europe's court now."

He added, "The Islamic Republic has never sought tension in the region and does not want any trouble in global waterways, but it will not easily give up on its rights to export oil."

Rouhani on Tuesday again suggested Iran could cause major disruptions in the Gulf region by attempting to block key shipping lanes, saying "Iran has never sought tensions in the region and does not want there to be any problem for the world's waterways, but it will never let go of its right to export oil," the semi-official Mehr news agency reported.

With the first U.S. sanctions due to come into effect next Monday, the economy in Iran has already been hit, giving rise to growing fears of prolonged economic suffering. Another round, covering other types of commerce, including oil purchases, goes into effect Nov. 4.

With the U.S. sanctions looming, the Iranian currency has been in freefall, hitting a new low Monday, at 122,000 rial to the U.S. dollar on the thriving black market. It recovered slightly to 115,000 to the dollar on Tuesday, and concerns are growing as Iranians have seen their savings dwindle and purchasing power drop.

Iran's OPEC governor, Hossein Kazempour Ardebili, told Reuters on Tuesday that Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for losses of Iranian oil caused by U.S. sanctions.

"It seems President Trump has been taken hostage by Saudi Arabia and a few producers when they claimed they can replace 2.5 million barrels per day of Iranian exports, encouraging him to take action against Iran,"Ardebili said.

"Now they and Russia sell more oil and more expensively. Not even from their incremental production but their stocks."

He said oil prices, which Trump has been pressuring the Organization of the Petroleum Exporting Countries to bring down by raising output, will instead rise unless the United States grants waivers to buyers of Iranian crude.