When it comes to imposing economic sanctions for foreign policy purposes, the Chief Executives of the United Kingdom, West Germany, andJapan have broad authority to control their respective countries' exports, imports, and private financial transactions. This authority differs from that of the U.S. President who, under present U.S. law, has wide discretion to cut off almost all exports, but has only limited control over imports and over foreign loans by private U.S. banks. This is in the absence of a declared national emergency, where the President has sweeping powers.
Barry E. Carter, Looking for a Better Way: the Sanction Laws of Key U.S. Allies, 19 N.Y.U. J. Int’l L. & Pol. 865 (1987)
Scholarly Commons Citation
Carter, Barry E., "Looking for a Better Way: the Sanction Laws of Key U.S. Allies" (1987). Georgetown Law Faculty Publications and Other Works. Paper 1586.