ExecutiveOrdersEO
Notice 13466NoticeTrump 47 · R Quiet signal

Presidential Notice 13466

Continuation of the National Emergency With Respect to North Korea

This notice continues for one year the national emergency with respect to North Korea originally declared in Executive Order 13466 on June 26, 2008, and subsequently expanded by multiple executive orders. The continuation maintains existing sanctions and restrictions under the International Emergency Economic Powers Act beyond their scheduled expiration date of June 26, 2025.

Federal Register Open PDF 90 FR 26915

Impact dates

  1. 55d ago

    Continuation expires unless extended again

  2. Original emergency expiration date; continuation extends beyond this

Market exposure

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

Sectors

Shipping & logisticsBanking & financeDefense primes

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporter — Maintained sanctions restrict trade with North Korea and penalize entities facilitating such trade
  • UncertainDomestic producer — No new procurement or industrial policy; status quo maintains existing compliance costs for firms with potential North Korea exposure

Geographies

USKRCNJP

Exposure dates

  • — Continuation expires unless extended again

Illustrative public companies

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

BACBank of AmericaBLKBlackRockBABoeingLNGCheniere EnergyDACDanaosGDGeneral DynamicsGSGoldman SachsHSBCHSBCJPMJPMorgan ChaseLMTLockheed MartinMATXMatsonNOCNorthrop GrummanRTXRTXSPYSPDR S&P 500 ETFZTOZTO Express

Confidence: high · Policy alerts

Key directives

  • Continue national emergency declared in EO 13466 for 1 year beyond June 26, 2025
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • Continuation takes effect upon publication (June 20, 2025)
  • Existing sanctions authorities remain in force

Near term (90d)

  • Annual congressional notification completed
  • Federal Register publication

Long term

  • Emergency authority remains in effect until June 26, 2026, unless terminated or extended again

Risks & tensions

  • Routine procedural continuation with minimal policy change; text notes 'must continue' without new threat assessment
  • Maintains status quo sanctions architecture without expansion
  • Potential tension if interpreted as signal of diplomatic stalemate
Presidential Notice 13466: Continuation of the National Emergency With Respect to North Korea · Executive Orders