Trump to tariff countries sending oil to Cuba
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As tensions between the US and Cuba rise to the highest levels since the Cuban Missile Crisis, the mood was grim at a recent staff meeting at the US Embassy in Havana.
Trump said on January 11 that after Maduro’s capture, no Venezuelan oil or money will go to Cuba, a close ally of Caracas. Trump’s comments on Tuesday warn of a failing economy on the island, which comes amid reports that his administration is aiming to remove the leadership as it pursues a foreign policy prioritizing the Western Hemisphere.
President Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba.
President Donald Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that could further cripple an island plagued by a deepening energy crisis.
GOP Reps. Carlos Giménez and Mario Díaz-Balart said it was time to exert more pressure that might bring down the regime.
The Treasury Department announced a general license authorizing U.S. firms to trade Venezuelan oil after Caracas approved a law to improve terms for foreign investors.
Tourism in Cuba is plummeting at a time when the island desperately needs that revenue. For almost two decades, a steady trickle of visitors led to a boom in tourism, only for the pandemic and severe blackouts to hit,