ExecutiveOrdersEO
DetDeterminationClinton · D Quiet signal

Presidential Determination

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

President Clinton extends for one year, until September 14, 1996, the exercise of authorities under the Trading With the Enemy Act that were scheduled to terminate on September 14, 1995. The extension applies to countries affected by the Foreign Assets Control Regulations, Transaction Control Regulations, and Cuban Assets Control Regulations.

Federal Register Open PDF 60 FR 47659

Impact dates

  1. Extended authorities expire unless renewed

Market exposure

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

Sectors

Banking & financeOther industrial

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseImporter — Continued prohibition on trade with Cuba and other sanctioned countries under TWEA authorities
  • AdverseDownstream manufacturer — Sourcing restrictions and compliance costs for dealings involving sanctioned jurisdictions
  • AdverseTrading-partner exporter — Cuba and other sanctioned countries remain blocked from US market access

Geographies

US

Exposure dates

  • — Extended authorities expire unless renewed

Illustrative public companies

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

AAPLAppleHSBCHSBC

Confidence: high · Policy alerts

Key directives

  • Extend exercise of Trading With the Enemy Act authorities for one year until September 14, 1996
  • Secretary of the Treasury shall publish this determination in the Federal Register

Who is ordered

Timeline

Immediate

  • Extension takes effect September 14, 1995, preventing lapse of sanctions authorities

Near term (90d)

—

Long term

  • Sanctions authorities remain in force through September 14, 1996; annual renewal pattern continues

Risks & tensions

  • Annual renewal mechanism creates policy uncertainty for long-term sanctions planning
  • Extension maintains Cuba embargo amid evolving post-Cold War trade normalization pressures
  • Continued reliance on TWEA authorities originally enacted during World War I era
Presidential Determination: Extension of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders