How Iran Deal Pullout Will Impact Cos. And Investors
By Ama Adams, Brendan Hanifin and Emerson Siegle (May 9, 2018, 12:58 PM EDT) -- On May 8, 2018, President Donald Trump announced that the United States is preparing to reinstate the sanctions it waived as part of the Joint Comprehensive Plan of Action, and to impose additional sanctions targeting Iran. Widely anticipated, and highly controversial both domestically and internationally, President Trump's May 8 announcement represents a dramatic change in U.S. sanctions policy, with significant consequences for international business and investors.
Existing U.S. Sanctions Targeting Iran
On Jan. 16, 2016, implementation day under the JCPOA, the United States and the European Union relaxed their Iranian sanctions programs. The EU lifted all of its nuclear-related Iran sanctions,...
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