Jenner & Block

Client Alert: President Signs Far-Reaching Act Imposing Sanctions on Russia, Iran and North Korea

On August 2, President Trump reluctantly signed the Countering America’s Adversaries through Sanctions Act (“the Act”).  The stated purpose of the Act is to provide Congressional review of US economic sanctions and to counter aggression by the Governments of Iran, Russia and North Korea.  A week earlier, the Act had passed both houses of Congress with veto-proof majorities.  The Act consolidates three separate bills that Congress had considered relating to Russia, Iran and North Korea.