Trump Cuba Sanctions Escalation Targets Foreign Banks

Trump Cuba Sanctions Escalation Targets Foreign Banks

Key Points —President Trump signed a new executive order on May 1 — International Workers’ Day — that extends Executive Order 14380 with secondary sanctions on foreign banks that process transactions for designated Cuban entities, threatening their dollar-system access. —President Miguel Díaz-Canel called the order “moral poverty” and a “blockade reinforced”. The Trump administration has […] The post Trump Cuba Sanctions Escalation Targets Forei…

Trump Signs Executive Order Expanding Cuba Sanctions

President Donald Trump signed a sweeping executive order dramatically expanding U.S. sanctions against the Cuban government, marking one of the toughest moves against Havana in years and escalating tensions between the two countries. The order, signed May 1, broadens the administration’s “maximum pressure” campaign by targeting individuals, companies and foreign entities accused of supporting Cuba’s communist government, security services or key…

The US Is Expanding Sanctions on Cuba as Its Grid Falters and Aid Stalls

The Trump administration has expanded its sanctions against Cuba, escalating economic pressure on the island at a time of worsening shortages and instability. President Donald Trump signed an executive order on Friday (May 1) targeting Cuban officials accused of corruption or human rights abuses, along with individuals and entities linked to key sectors of the economy, including energy, defense, mining and finance. The order also extends to fore…