Sec. 1701. Unusual and extraordinary threat; declaration of national emergency; exercise of Presidential authorities. 1702. Presidential authorities. (a) In general. (b) Exceptions to grant of authority. (c) Classified information. 1703. Consultation and reports. (a) Consultation with Congress. (b) Report to Congress upon exercise of Presidential authorities. (c) Periodic follow-up reports. (d) Supplemental requirements. 1704. Authority to issue regulations. 1705. Penalties. 1706. Savings provisions. (a) Termination of national emergencies pursuant to National Emergencies Act. (b) Congressional termination of national emergencies by concurrent resolution. (c) Supplemental savings provisions; supersedure of inconsistent provisions. (d) Periodic reports to Congress. 1707. Multinational economic embargoes against governments in armed conflict with the United States. (a) Policy on the establishment of embargoes. (b) Reports to Congress.