DetDeterminationBiden · D

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 with respect to Cuba, continuing economic sanctions implemented through the Cuban Assets Control Regulations until September 14, 2023. This annual continuation maintains the long-standing embargo framework first established in the 1960s.

Impact dates

  1. Extended authorities expire unless renewed

Key directives

  • Continue exercise of Trading With the Enemy Act authorities with respect to Cuba for 1 year until September 14, 2023
  • Secretary of the Treasury to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of Cuban Assets Control Regulations authorities takes effect

Near term (90d)

Long term

  • Sanctions regime continues until September 14, 2023 unless further extended or modified

Risks & tensions

  • Annual ritual extension without policy debate may obscure potential for Cuba policy modernization
  • Maintains decades-long embargo despite shifting political attitudes toward Cuba normalization
Presidential Determination: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders