U.S. Pulls Out of Iran Nuclear Deal

This week’s story update on the Election Central Web site examines the consequences of President Trump’s announcement that the United States is withdrawing from the nuclear treaty with Iran.

The Iran nuclear accord–otherwise known as the Joint Comprehensive Plan of Action, or JCPOA–includes seven nations and was passed in 2015 under President Barack Obama: his signature foreign policy achievement. In short, it removed strict economic sanctions against Iran in return for Iran shutting down its nuclear arms development program.

Last week, in addition to announcing that he is pulling the U.S. out of the deal and reinstating old economic sanctions against Iran, President Trump also announced that he is considering adding new sanctions as well. The U.S. will also impose penalties against companies that continue to do business with Iran, even when those companies are based in countries which are our allies.

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Credit: McGraw-Hill Education