Obama Says U.S. Loses Nothing by Waiting on Iran Talks

U.S. President Barack Obama argued for offering Iran “modest” relief on sanctions in exchange for progress on nuclear talks and urged Congress to hold off on imposing more economic penalties.

“We can dial those sanctions right back up” if Iran doesn’t live up to an agreement, Obama said yesterday at a White House news conference. “If we’re serious about pursuing diplomacy, then there’s no need for us to add new sanctions on top of the sanctions that are already very effective and that brought them to the table in the first place.”