Waive it Goodbye? How the Trump Administration Might Attack the JCPOA

February 4, 2017
By Anthony Rapa*

President Trump has made no effort to conceal his disdain for the Joint Comprehensive Plan of Action (JCPOA) agreement regarding Iran’s nuclear program, which he frequently has described as a “disaster” ranking among the worst deals in U.S. history. However, heated rhetoric notwithstanding, he often spoke on the campaign trail of improving the deal, rather than tearing it up. While the Administration has not yet advanced any specific policy regarding the JCPOA, and while future developments remain difficult to predict, the President may seek to ramp up pressure on Iran within the framework of the existing agreement, rather than repudiate the deal altogether. As the President himself explained when he was a candidate: “We have a horrible contract, but we do have a contract.” (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 3: Steven Bannon’s “America First” Agenda Looms As Big Factor

January 31, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so compliance professionals can make informed decisions as to the likely positions of the new U.S.administration in the next four years. (more…)

What to Expect for Economic Sanctions Under President Trump?

January 13, 2017
By Anthony Rapa, Alexis Early and Peter Jeydel*

President-elect Trump has made bold and surprising pronouncements about what he may do after January 20 in the field of international affairs, and these foreign policy choices are likely to have a significant impact on the future course of U.S. economic sanctions programs targeting Iran, Cuba, Russia and other areas. Mr. Trump has said he would terminate the Iran nuclear deal, and with it the sanctions rollback that has taken place over the past year, although actually convincing the rest of the world to re-impose sanctions on Iran would be a monumental feat of diplomacy.  On Cuba, Mr. Trump has given reasonably clear signals both that he would support the recent easing of sanctions and that he would reverse it, so the actual policy of the incoming Administration is hardly better than a 50/50 guess at this stage, though with the odds slightly favoring some tightening of sanctions.  Russia may be different.  That is one area in which Mr. Trump’s statements and actions point to a real possibility of a wholesale change in U.S. policy, although bipartisan congressional concerns with Russia may present a major obstacle to radically changing the current state of affairs, at least without significant concessions by Russia. (more…)

Trump Policies on Economic Sanctions Could Affect Many Countries and U.S. Compliance Officers – Part 1: How Trump Could Change Sanctions Policy on Iran

December 8, 2016
By Anna Sayre, Legal Content Writer, SanctionsAlert.com

Last November 8, when the American voters chose Donald J. Trump as the 45th President of the United States, few persons knew the full range of power and discretion that he will have at his disposal to cajole, punish, persuade and hurt nations that offend the norms he establishes or that may be specified by U.S. law or foreign policy. The billionaire and former reality TV performer faces international challenges that he never confronted in his hotel and resort business from which he derives his principal income from the licensing of his name. (more…)

Experts offer dose of real-world practicality to European exporters looking to trade with Iran

October 14, 2016

In January 2016, when EU and US nuclear-related sanctions were partially lifted on the promising Iranian market, prospects looked nothing but bright for businesses looking to trade with the middle-eastern giant.  After the recent nuclear deal, or Joint Comprehensive Plan of Action (“JCPOA”), was struck between Iran and six major powers, a series of European countries dispatched trade missions to Iran, in search of new opportunities within a country of 80-million inhabitants and an aging infrastructure. (more…)