U.S. Announces Withdrawal from the Iran Nuclear Deal and the Snap-Back of Previously Lifted Sanctions

On May 8, 2018, the President announced that the United States would withdraw from the Joint Comprehensive Plan of Action (“JCPOA”), and begin reimposing the nuclear-related sanctions that were lifted in 2015. He also issued a National Security Presidential Memorandum (“NSPM”) directing the U.S. Treasury Department and other departments and agencies to begin taking the […]