Swift Comments on Repercussions of U.S. Withdrawal from Iran Nuclear Pact

Partner Christopher Swift was quoted in a Washington Examiner article, “Business braces for fallout from Trump’s go-it-alone Iran strategy,” about expected changes in the global business climate in the wake of President Trump’s decision to scuttle the Iran nuclear deal.

Swift said the business environment is essentially returning to many of the conditions in effect before the 2015 signing of the Iran deal. “Suddenly these foreign subsidiaries of U.S. corporations become subject to primary sanctions again,” he said. “And everybody else in Europe is going to be subject to secondary sanctions again.”