ExecutiveOrdersEO
DetDeterminationClinton · D Quiet signal

Presidential Determination

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

President Clinton extended for one year, until September 14, 1995, the exercise of certain authorities under the Trading With the Enemy Act that were scheduled to terminate on September 14, 1994. The extension applies to regulations governing foreign assets control, transaction controls, Cuban assets control, and foreign funds control.

Federal Register 59 FR 47229
No PDF available for this document.

Impact dates

  1. Extended authorities expire unless further extended

Market exposure

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

Sectors

Banking & financeShipping & logisticsAgricultureOil & gas

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporter — Cuban and other sanctioned-country counterparties continue facing blocked transactions and asset freezes
  • AdverseImporter — US persons remain prohibited from importing Cuban goods and engaging in other sanctioned transactions
  • ProtectiveDomestic producer — Continuation of embargo shields certain US industries from Cuban competition

Geographies

USOTHER

Exposure dates

  • — Extended authorities expire unless further extended

Illustrative public companies

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

ADMArcher Daniels MidlandBACBank of AmericaBLKBlackRockBGBungeCATCaterpillarLNGCheniere EnergyCVXChevronCOPConocoPhillipsCTVACortevaDACDanaosXOMExxon MobilGEVGE VernovaGSGoldman SachsHSBCHSBCJPMJPMorgan ChaseMATXMatsonSHELShellSPYSPDR S&P 500 ETFTSLATeslaTSNTyson FoodsZTOZTO Express

Confidence: high · Policy alerts

Key directives

  • Extend exercise of Trading With the Enemy Act authorities for one year until September 14, 1995
  • Extension applies to Foreign Assets Control Regulations (31 CFR Part 500)
  • Extension applies to Transaction Control Regulations (31 CFR Part 505)
  • Extension applies to Cuban Assets Control Regulations (31 CFR Part 515)
  • Extension applies to Foreign Funds Control Regulations (31 CFR Part 520)
  • Secretary of the Treasury directed to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of existing sanctions authorities without lapse
  • Treasury Secretary directed to publish determination in Federal Register

Near term (90d)

—

Long term

  • Sanctions authorities remain in force through September 14, 1995, pending further extension or policy change

Risks & tensions

  • Annual renewal mechanism creates policy uncertainty for sanctioned entities
  • Cuban embargo continuity maintained despite post-Cold War normalization pressures
  • Text does not specify which countries are 'applicable' beyond regulatory citation
Presidential Determination: Extension of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders