DetDeterminationBiden · D Quiet signal

Presidential Determination

Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act

President Biden extended for one year the exercise of authorities under the Trading With the Enemy Act as applied to Cuba, continuing economic sanctions implemented through the Cuban Assets Control Regulations. This annual determination prevents the expiration of these authorities that would otherwise occur on September 14, 2024.

Impact dates

  1. Extended authorities expire unless renewed by new determination

  2. Prior authorities scheduled to expire; continuation takes effect

Key directives

  • Continue exercise of Trading With the Enemy Act authorities with respect to Cuba for 1 year until September 14, 2025
  • Secretary of the Treasury to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of Cuban Assets Control Regulations takes effect September 14, 2024

Near term (90d)

Long term

  • Authorities remain in force through September 14, 2025; next presidential determination required before that date to avoid lapse

Risks & tensions

  • Annual renewal mechanism creates policy continuity but also recurring opportunity for policy change
  • Long-standing sanctions regime remains politically contested; text notes no policy shift in approach to Cuba
Presidential Determination: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders