Friday, May 18, 2018
Volume:
34
Issue:
5
Abstract:
On May 8, 2018, President Trump announced that the United States was withdrawing from the Iran Nuclear Agreement, formally known as the Joint Comprehensive Plan of Action (JCPOA). Accordingly, subject to certain 90 or 180 day wind-down periods, the United States is re-imposing nuclear-related primary and secondary sanctions that were lifted as of January 16, 2016 (Implementation Day) to effectuate its obligations under the JCPOA.