U.S. Tightens Grip: New Sanctions Hit Cuban Economy
President Trump broadens U.S. sanctions on Cuba, targeting entities supporting its security forces, sparking criticism from Cuban leaders. This move intensifies the longstanding embargo and impacts sectors like energy and finance, while drawing attention to Cuba's political alliances and ongoing economic hardships amid international pressure.
On Friday, U.S. President Donald Trump signed an executive order expanding sanctions against the Cuban government, intensifying his administration's pressure on Havana. According to White House officials, these new measures target those supporting Cuba's security apparatus or involved in human rights violations.
While the exact individuals or entities affected remain unclear, the sanction measures cover Cuba's energy, defense, metals, mining, financial, and security sectors. The order permits secondary sanctions on businesses engaging with those targeted, signaling significant implications for foreign companies with ties to Cuba.
Cuban President Miguel Diaz-Canel condemned the actions, arguing they enforce a 'brutal' blockade. The sanctions coincide with Cuba's May Day celebrations and represent the most substantial challenge for international companies navigating the longstanding U.S. embargo since its inception.
(With inputs from agencies.)
- READ MORE ON:
- Trump
- Cuba
- sanctions
- embargo
- energy
- finance
- international
- economy
- human rights
- diplomatic
ALSO READ
WRAPUP 2-China's Xi, Russia's Putin praise ties but see no energy headway at Beijing talks
Maharashtra to lead next phase of India's nuclear energy expansion: Fadnavis
Centre to give top priority to providing international connectivity to Ranchi's Birsa Munda Airport: Civil Aviation Minister Naidu.
Punjab Police arrests two linked to international smuggling racket, recover 10 kg ICE, 4 kg heroin
WRAPUP 1-China's Xi, Russia's Putin praise ties at Beijing talks; energy in focus
Google News