Authorizing the Implementation of Certain Sanctions Set Forth in the Countering America's Adversaries Through Sanctions Act
Executive Order 2018-20816
|Signed on September 21, 2018
45th Presidency
What it means
This order authorizes implementation of sanctions against foreign entities under the Countering America's Adversaries Through Sanctions Act (CAATSA). It outlines specific actions the Treasury and State Departments can take against designated persons, including blocking property, restricting loans, and limiting travel.
Expected impact
- Enhanced ability for the administration to sanction foreign adversaries, particularly entities connected to Russia, Iran, and North Korea
- Potential financial consequences for sanctioned individuals and organizations through asset freezes and restrictions on financial transactions
- Strengthened enforcement mechanisms for existing sanctions legislation, allowing more targeted economic pressure on foreign entities
- Possible diplomatic tensions with countries whose nationals or businesses are sanctioned