May 2018
U.S. Withdrawal from Iran Deal
First Take Report
Pages : 4
Executive Summary
US withdrew from the Iran Deal, re-imposing all the sanctions it had on Iran before the deal was made with talks of adding new sanctions. The deal fell through due to President Trump’s insistence that the limits on Iran’s nuclear fuel production was inadequate. Surprisingly, other signatory countries as well as Iran have not backed off the deal. With US backing out, US allies will have 90 to 180 days to stop their operation and reduce imports. Not conforming to this will make these countries to run in a state of difficulty with the US banks.Table of Content
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May 2018
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