ExecutiveOrdersEO
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 regarding Cuba, continuing the embargo-related powers that were set to expire on September 14, 2021. The determination extends these authorities through September 14, 2022, as implemented by the Cuban Assets Control Regulations.

Federal Register Open PDF 86 FR 50831

Impact dates

  1. Extended authorities expire

  2. Federal Register publication by Secretary of the Treasury

Key directives

  • Continue exercise of TWEA authorities with respect to Cuba for 1 year until September 14, 2022
  • Secretary of the Treasury to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of TWEA authorities takes effect upon signing

Near term (90d)

  • Federal Register publication by Secretary of the Treasury

Long term

  • Embargo authorities remain in force through September 14, 2022

Risks & tensions

  • Annual continuation maintains long-standing Cuba embargo without policy change
  • Minimal tension as this is routine annual extension; no expansion or contraction of authorities
Presidential Determination: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders