USA HISTORY

Detailed explanation-1: -Thus, Japan begins to face serious problems regarding the procurement of resources. On July 28, 1941, in reaction to the advance of the Japanese Army into Southern Indochina the United States government on July 25 froze Japanese assets held in the United States.

Detailed explanation-2: -This prompted Roosevelt to freeze all Japanese assets in the United States on July 26, 1941, which effectively cut off Japan’s access to US oil.

Detailed explanation-3: -Responding to Japanese occupation of key airfields in Indochina (July 24) after an agreement between Japan and Vichy France, the U.S. froze Japanese assets on July 26, 1941, and on August 1, it established an embargo on oil and gasoline exports to Japan.

Detailed explanation-4: -On July 26, 1941, President Franklin Roosevelt seizes all Japanese assets in the United States in retaliation for the Japanese occupation of French Indo-China. On July 24, Tokyo decided to strengthen its position in terms of its invasion of China by moving through Southeast Asia.

Detailed explanation-5: -Statement: In view of the unlimited national emergency declared by the President, he has today issued an Executive Order freezing Japanese assets in the United States in the same manner in which assets of various European countries were frozen on June 14, 1941.