Morrison & Foerster partner John E. Smith believes an even stronger approach to Iran sanctions could be coming rather than a return to the status quo that existed before the Iran deal in 2016.
“‘Snap back’ is a bit of a misnomer here,” he said in the Law360 article “Trump Ushers In New Sanctions Era With Iran Clampdown.” “It would seem to indicate a return to what the Obama administration had imposed prior to the Iran deal, and now those sanctions seem set to be the floor, not the ceiling, of where the administration is going to go. This seems to be an aggressive, maximum-pressure campaign and not simply a return to business as usual.”
