Following President Trump’s May 8 announcement that he is terminating the United States’ participation in the Joint Comprehensive Plan of Action (the “JCPOA”, a.k.a. the Iran nuclear deal), you may be asking – What just happened? And what now? Is the US sanctions relief implemented under the deal really all going away? What does my company need to do to avoid being the target of a US enforcement action or retaliatory measures under the renewed sanctions?
