Kirkland Alert Kirkland & Ellis LLP

President Trump Withdraws U.S. from the Iran Nuclear Deal and Sets in Motion Re-Imposition of Comprehensive Economic Sanctions

On May 8, 2018, President Trump announced that the U.S. was ending its participation in the Iran nuclear deal, known formally as the Joint Comprehensive Plan of Action (“JCPOA”), and instructed the Administration to take steps to re-impose economic sanctions broadly targeting the Iranian economy.