1. Short title This Act may be cited as the United States-Cuba Trade Act of 2017 . 2. Removal of provisions restricting trade and other relations with Cuba (a) Authority for embargo and sugar quota (1) In general Section 620(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2370(a) ) is repealed. (2) Conforming amendment Section 1610(f)(1)(A) of title 28, United States Code, is amended by striking section 620(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2370(a) ), . (b) Trading with the Enemy Act (1) In general The authorities conferred upon the President by section 5(b) of the Trading With the Enemy Act ( 50 U.S.C. 4305(b) ), which were being exercised with respect to Cuba on July 1, 1977, as a result of a national emergency declared by the President before that date, and are being exercised on the day before the effective date of this Act, may not be exercised on or after such effective date with respect to Cuba. (2) Regulations Any regulation in effect on the day before the effective date of this Act pursuant to the exercise of authorities described in paragraph (1) shall cease to be effective on such effective date. (c) Exercise of authorities under other provisions of law (1) Removal of prohibitions Any prohibition on exports to Cuba that is in effect on the day before the effective date of this Act under the Export Administration Act of 1979 ( 50 U.S.C. 4601 et seq.) (as continued in effect pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq.)) shall cease to be effective on such effective date. (2) Authority for new restrictions The President may, on and after the effective date of this Act— (A) impose export controls with respect to Cuba under section 5, 6(j), 6(l), or 6(m) of the Export Administration Act of 1979 (as continued in effect pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq.))