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 with respect to Cuba, continuing economic sanctions implemented through the Cuban Assets Control Regulations. The continuation runs from September 14, 2023 until September 14, 2024. The Secretary of the Treasury is directed to publish this determination in the Federal Register.

Impact dates

  1. Continued authorities expire unless extended again

  2. Continuation of sanctions authorities takes effect

Key directives

  • Continue exercise of Trading With the Enemy Act authorities with respect to Cuba for 1 year until September 14, 2024
  • Secretary of the Treasury to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of sanctions authorities takes effect September 14, 2023
  • Secretary of Treasury directed to publish in Federal Register

Near term (90d)

Long term

  • Sanctions authorities remain in force through September 14, 2024
  • Potential review for further extension in September 2024

Risks & tensions

  • Annual continuation reflects long-standing U.S.-Cuba policy tension without normalization
  • Text is formulaic continuation of multi-decade sanctions regime; no policy change implied
Presidential Determination: Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders