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President Donald Trump plans to temporarily continue the Obama-era landmark Iran nuclear deal by continuing to waive sanctions against the country, according to senior administration officials.

During a background briefing Friday, officials also revealed the waiver suspends U.S. sanctions on Iran for 120 more days, adding this would be the final time Trump will sign such a continuation.

“The president will also make clear that this is the last such waiver he will issue,” an official said during the briefing, according to The Hill. “He intends to work with our European partners on some kind of follow-on agreement that enshrines certain triggers that the Iranian regime cannot exceed related to ballistic missiles, related to nuclear breakout period ... to inspection and that would have no sunset clause.”

The president later released a statement on the Iran deal, announcing 14 more nonnuclear sanctions. “We are cutting off the regime’s money flows to terrorists,” the president said in the statement. “We have sanctioned nearly 100 individuals and entities involved with the Iranian regime’s ballistic missile program and its other illicit activities. Today, I am adding 14 more to the sanctions list.”

Regarding the U.S.'s continued involvement in the Iran nuclear deal — which Trump has called multiple times “one of the worst deals I’ve ever seen” — the president said: “Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal.”

“Instead, I have outlined two possible paths forward: either fix the deal’s disastrous flaws, or the United States will withdraw.”

The Iran agreement between the United States, Iran, France, Russia, China, the United Kingdom, and Germany was a signature deal of the Obama administration completed in 2015, that exchanged billions in sanctions relief for measures that would restrict Tehran's nuclear program.