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The United States imposed an embargo of scrap iron & steel on Japan on September 26, 1940, four days after Japanese troops landed in northern French Indo-China. Then on July 26, 1941 the US President took actions to freeze all Japanese assets in the United States and cut-off commercial trade to Japan (which included the sale of oil & oil products) after Japan began the military occupation of southern French Indo-China on July 24, 1941.

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