• About Us
  • Who Are We
  • Work With Us
Monday, March 20, 2023
No Result
View All Result
NEWSLETTER
The Globe Post
39 °f
New York
44 ° Fri
46 ° Sat
40 ° Sun
41 ° Mon
No Result
View All Result
The Globe Post
No Result
View All Result
Home Featured

Trump Administration Restricts US Travel, Remittances to Cuba

Staff Writer by Staff Writer
04/17/19
in Featured, World
A Cuban street with a flag

A street in Cuba. Photo: Adalberto Roque, AFP

Share on FacebookShare on Twitter

President Donald Trump‘s administration said Wednesday it was restricting U.S. travel and remittances to Cuba, undoing much of the thaw under former President Barack Obama.

“These new measures will help steer American dollars away from the Cuban regime,” National Security Advisor John Bolton said in a speech in Miami.

Bolton, addressing veterans of the failed CIA-backed 1961 Bay of Pigs invasion of Cuba, said the United States would restrict travel to the island to family members.

He said that the United States would also impose limits on the money that families can send back to the cash-strapped island.

The measures come hours after Secretary of State Mike Pompeo announced that the United States would allow lawsuits in its courts over property seized after Fidel Castro’s 1959 communist revolution.

The law had been on the books but was systematically suspended every six months amid heated disagreements with the European Union.

The new U.S. policies toward Cuba will discourage investment on the island, punish the Cuban people and impair, further, our relations with our closest allies.

— Carlos Gutierrez (@carlosgutierrez) April 17, 2019


Why This Matters

Cuba on Wednesday rejected Washington’s decision to allow lawsuits in U.S. courts against companies operating in properties seized during the communist revolution in Havana, calling it an “attack.”

“It is an attack against International Law and the sovereignty of #Cuba & third States,” Foreign Minister Bruno Rodriguez wrote on Twitter.

On Tuesday, the Trump administration defied warnings from the European Union by forging ahead with the long-delayed Helms-Burton Act, saying it would go into effect on May 2.

“Any person or company doing business in Cuba should heed this announcement,” Secretary of State Pompeo told reporters.

The measure was originally passed by the U.S. Congress in 1996 but until now had been delayed systematically by each president every six months.

2/2 #EU & #Canada Joint Statement on #HelmsBurton Tittle III activation: “The EU & Canada consider the extraterritorial application of unilateral Cuba-related measures contrary to international law. We are determined to work together to protect the interests of our companies…” pic.twitter.com/mN2sH9Qr05

— Josefina Vidal (@JosefinaVidalF) April 17, 2019


What’s Next

The E.U. has threatened to hit the U.S. with reprisals over the move, according to a letter from foreign policy chief Federica Mogherini and trade commissioner Cecilia Malmstrom to Pompeo.

Under the provision of the Helms-Burton Act, companies that operate in property seized by Cubaduring or after Fidel Castro’s 1959 communist revolution could face lawsuits in U.S. courts from the vast and politically powerful Cuban American diaspora.

“Those doing business in Cuba should fully investigate whether they are connected to property stolen in service of a failed communist experiment,” Pompeo said.

In its letter, the E.U. said it would be “obliged to use all means at its disposal… to protect its interests.”

The E.U. is worried about how the move will affect its companies in Cuba — it is the island nation’s largest foreign investor.

The decision could spark thousands of lawsuits in the US and discourage foreign investment in Cuba, which is in desperate need of capital to boost its stuttering economy, already hampered by U.S. sanctions.

In 2017, it attracted only $2 billion in investments — it needs $5 billion to spark growth.

The U.S. announcement coincides with Wednesday’s anniversary of the Bay of Pigs invasion, a failed attempt in 1961 by the Central Intelligence Agency to overthrow Castro.

Rodriguez said the “aggressive escalation” of US sanctions against Cuba would fail.

“As in Giron we will overcome,” he added, referring to the name Cuba gave the Bay of Pigs invasion.


More on the Subject

“The real purpose of allowing Title III to go into effect is to deter U.S. and foreign business from investing in Cuba for fear of being dragged into U.S. court by a Cuban American who owned property prior to 1959,” William LeoGrande, Associate Vice Provost for Academic Affairs and Professor of Government at American University, told The Globe Post.

Trump Administration Considering Plan to Scare Off Investors in Cuba

ShareTweet
Staff Writer

Staff Writer

AFP with The Globe Post

Related Posts

Cuba
Featured

After Unprecedented Protests, What Next for Cuba?

by Staff Writer
July 20, 2021
Raul Castro
National

CIA Planned to Assassinate Raul Castro in 1960: Declassified Documents

by Staff Writer
April 17, 2021
President Donald Trump and US Attorney General William Barr step off Air Force One upon arrival at Andrews Air Force Base in Maryland last September 1, 2020.
National

US Attorney General Says No Evidence of Decisive Election Fraud

by Staff Writer
December 2, 2020
A soldier checks the temperature of a motorist at a checkpoint before entering Manila. Photo: AFP
World

Philippines Reports Record Infection Rates, Orders Millions to Stay Home

by Anya Ruppert
August 4, 2020
Cuban embassy in the U.S.
Featured

Virus-Hit British Cruise Ship Docks in Cuba

by Staff Writer
March 18, 2020
Smoke rises from the site of an attack on Tuesday after a massive explosion the night before near the Green Village in Kabul, Afghanistan
Featured

Afghan War Crimes Probe Must Go Ahead, ICC Judges Say

by Staff Writer
March 5, 2020
Next Post
Man holding up a colored LGBT flag

Joint Responsibility: LGBT Rights in a Polarized World

Libyan airport

'Fake News' War: in Libya, Battles Also Rage on Social Media

Recommended

participants of an artificial intelligence conference

How AI Could Upend the World Even More Than Electricity or the Internet

March 19, 2023
Chinese President Xi Jinping

China’s Path to Economic Dominance

March 15, 2023
Heavily armed police inspect the area near a Jehovah's Witness church where several people have been killed in a shooting in Hamburg, northern Germany

Eight Dead in Shooting at Jehovah’s Witness Hall in Germany

March 10, 2023
Myanmar Rohingya refugees look on in a refugee camp in Teknaf, in Bangladesh's Cox's Bazar, on November 26, 2016

US Announces $26M in New Aid for Rohingya

March 8, 2023
A flooded road in Batu Berendam in Malaysia's southern coastal state of Malacca

At Least Four Dead, Tens of Thousands Evacuated in Malaysia Floods

March 6, 2023
An earthquake survivor reacts as rescuers look for victims and other survivors in Hatay, a Turkish province where hundreds of buildings were destroyed by the earthquake

Heed the Call of Our Broken World

March 1, 2023

Opinion

Chinese President Xi Jinping

China’s Path to Economic Dominance

March 15, 2023
An earthquake survivor reacts as rescuers look for victims and other survivors in Hatay, a Turkish province where hundreds of buildings were destroyed by the earthquake

Heed the Call of Our Broken World

March 1, 2023
Top view of the US House of Representatives

‘Cringy Awards:’ Who Is the Most Embarrassing US House Representative?

February 13, 2023
Protesters rally against the fatal police assault of Tyre Nichols, outside of the Coleman A. Young Municipal Center in Detroit, Michigan, on January 27, 2023

How Do Violent ‘Monsters’ Take Root?

February 3, 2023
George Santos from the 3rd Congressional district of New York

George Santos for Speaker!

January 16, 2023
Commuters waiting for buses in Metro Manila. Philippines

Eight Billion and Counting…

November 29, 2022
Facebook Twitter

Newsletter

Do you like our reporting?
SUBSCRIBE

About Us

The Globe Post

The Globe Post is part of Globe Post Media, a U.S. digital news organization that is publishing the world's best targeted news sites.

submit oped

© 2018 The Globe Post

No Result
View All Result
  • National
  • World
  • Business
  • Interviews
  • Lifestyle
  • Democracy at Risk
    • Media Freedom
  • Opinion
    • Editorials
    • Columns
    • Book Reviews
    • Stage
  • Submit Op-ed

© 2018 The Globe Post