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United States Ends Participation in Iran Nuclear Deal, Re-Imposes Sanctions Against Iran

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  • United States Ends Participation in Iran Nuclear Deal, Re-Imposes Sanctions Against Iran

On May 8, 2018, President Trump announced his decision to end U.S. participation in the Joint Comprehensive Plan of Action (“JCPOA”) and re-impose sanctions against Iran that had been suspended as part of this 2015 nuclear agreement between the United States, Iran, and certain other governments. This action will have far-reaching effects for both U.S. and non-U.S. companies transacting business with Iran pursuant to the U.S. government’s JCPOA-related sanctions relief, which will be phased out over the next six months. 

 

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