ExecutiveOrdersEO
Notice 14046NoticeTrump 47 · R

Presidential Notice 14046

Continuation of the National Emergency With Respect to Ethiopia

This notice extends for one year the national emergency declared in Executive Order 14046 regarding the conflict in northern Ethiopia, which the President determines continues to threaten U.S. national security and foreign policy interests in the Horn of Africa region.

Federal Register Open PDF 90 FR 43901

Impact dates

  1. In 28d

    Continued emergency expires unless renewed again

  2. Prior emergency expiration date; continuation takes effect

Market exposure

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

Sectors

Banking & financeOther industrial

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseImporter — IEEPA-based sanctions on Ethiopia-related transactions remain in force, restricting trade and financial dealings
  • AdverseTrading-partner exporter — Ethiopian entities and individuals in targeted sectors remain subject to blocking sanctions and SDN designations

Geographies

USOTHER

Exposure dates

  • — Prior emergency expiration date; continuation takes effect
  • — Continued emergency expires unless renewed again

Illustrative public companies

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

AAPLAppleHSBCHSBC

Confidence: high · Policy alerts

Key directives

  • Continue national emergency declared in EO 14046 for 1 year beyond September 17, 2025
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency continues in effect beyond September 17, 2025
  • Sanctions authorities under IEEPA remain active

Near term (90d)

  • Federal Register publication
  • Congressional transmission

Long term

  • Emergency subject to annual renewal review in September 2026

Risks & tensions

  • Perpetual emergency renewal without changed conditions may dilute emergency authority legitimacy
  • Horn of Africa instability persists despite 2022 Pretoria ceasefire agreement
  • Sanctions continuity may conflict with normalization efforts if Ethiopia reforms
Presidential Notice 14046: Continuation of the National Emergency With Respect to Ethiopia · Executive Orders