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Detailed text transcripts for TV channel - FOXNEWS - 20150719:16:08:00

the deal says in its text in at least two separate places that it s the position of iran if any sanctions are put back or new sanctions added that frees iran from any further obligation in whole or part under the deal. in other words, if they are caught violating the deal and we try to reimpose sanctions, their position is they are out of the deal which, again, raises the question what kind of deal is this? so basically there s no penalty if they violate it? well the only penalty is that once they are out the sanctions that we ve imposed come back into play but i ll tell you where you started this segment i think is extremely important. european businessmen and women are poised all over the continent of europe to ink deals with iran by the end of this year. the pressure on the european governments to let that commerce open again is overwhelming and others feel the same way. china poised i think to invest

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