Notice 14024NoticeTrump 47 · R Quiet signal

Presidential Notice 14024

Continuation of the National Emergency With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation

This notice continues for one year the national emergency declared in Executive Order 14024 regarding harmful Russian government activities, including election interference, cyberattacks, transnational corruption, and violations of international law. The continuation extends sanctions and related authorities beyond their April 15, 2025 expiration date under the National Emergencies Act.

Impact dates

  1. Continued national emergency expires unless extended again

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporterRussian energy and commodity exporters remain subject to US sanctions restrictions and market access limitations
  • AdverseImporterUS and third-party importers of Russian goods face continued compliance burdens and restricted access to Russian supply
  • MixedDownstream manufacturerContinued uncertainty in energy and metals markets from sustained sanctions; some price stability from policy predictability

Geographies

Exposure dates

  • Continued national emergency expires unless extended again

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLAppleBABoeingHSBCHSBCLMTLockheed MartinRTXRTXSHELShellTSLATesla

Confidence: high · Policy alerts

Key directives

  • Continue national emergency declared in EO 14024 for 1 year beyond April 15, 2025
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency authority continues without lapse
  • Sanctions programs under EO 14024 and related orders remain active

Near term (90d)

  • Congressional notification and Federal Register publication
  • Ongoing Treasury/State Department sanctions designations and enforcement continue

Long term

  • Emergency authority extends through April 15, 2026 unless terminated or extended again
  • Continued framework for Russia-related economic restrictions and diplomatic pressure

Risks & tensions

  • Routine procedural continuation; no expansion of authorities or new sanctions
  • Maintains status quo on Russia policy without signaling escalation or détente
  • Congressional review possible under NEA but historically unlikely to terminate
Presidential Notice 14024: Continuation of the National Emergency With Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation · Executive Orders