The new policy bans most US business
Trump’s revised approach calls for stricter enforcement of a longtime ban on Americans going to Cuba as tourists, and seeks to prevent US dollars from being used to fund what the Trump administration sees as a repressive military-dominated government."But Venezuelan President Nicolas Maduro, whose leftist government is Cubas main regional ally, slammed Trumps tightening of restrictions as an "offence" against Latin America.Trump’s vow to keep the broader decades-old US economic embargo on Cuba firmly in place drew criticism from some US farmers, especially growers of corn, soybeans and rice. He also will not cut off recently resumed direct US-Cuba commercial flights or cruise-ship travel, though his more restrictive policy seems certain to dampen new economic ties overall. Trump based his partial reversal of Obama’s Cuba measures largely on human rights grounds."His speech was aggressive and threatening, revealing his contempt and ignorance," President Nicolas Maduro said in a speech.Laying out his new Cuba policy in a speech in Miami, Trump signed a presidential directive rolling back parts of Obama’s historic opening to the Communist-ruled country after a 2014 diplomatic breakthrough between the two former Cold War foes.
"Its like we are returning to the Cold War," said Cuban designer Idania del Rio, who joined a group of friends in a hotel in Old Havana to watch the speech in English on CNN.O), to manage a historic Havana hotel. This will essentially shield US airlines and cruise lines serving the island.The Cuban government, which has made clear it will not be pressured into reforms, had no immediate comment."Effective immediately, I am cancelling the last administrations bearing classification completely one-sided deal with Cuba," Trump declared as he made a full-throated assault on the government of Cuban President Raul Castro.The new policy bans most US business transactions with the Armed Forces Business Enterprises Group, a Cuban conglomerate involved in all sectors of the economy.Miami: President Donald Trump on Friday ordered tighter restrictions on Americans travelling to Cuba and a clampdown on US business dealings with the Caribbean island’s military, saying he was cancelling former President Barack Obamas "terrible and misguided deal" with Havana.
