Trump to announce plan to stop cash flow to Cuban military
10:58, Jun 17, 2017
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"Since President Obama transformed USA relations with Cuba in 2014, Americans and Cubans alike have reaped the benefits of expanded trade, loosened travel restrictions, and strengthened diplomatic ties".
In addition, Americans will need to keep strict records of every financial transaction they make in Cuba and hold onto those records for up to five years should the Treasury Department, who enforces the embargo, want to audit an individual's trip.
Like Rubio, they argued only a flourishing Cuban private sector would eventually lead to political change; where the two sides disagree is on how best to encourage private growth.
The White House says it's willing to negotiate more favorable terms with Cuba, but only if the Castro regime allows free and fair elections and releases political prisoners.
"The idea that, after 55 years of failure, going back to isolationist policies will produce any results is insane", said James Williams, president of the Engage Cuba group.
A senior White House official responded that the president's September 2016 comments on the campaign trail still stand.
"Effective immediately, I am canceling the last administration's completely one-sided deal with Cuba", Trump told an audience in Miami's Cuban-American enclave of Little Havana.
Trump's move was a direct rebuke to Obama, for whom the diplomatic opening with Cuba was a central accomplishment of his presidency.
Progress in U.S. -Cuba ties is likely to suffer a setback under U.S. President Donald Trump, according to Mario Torrico, a research professor at the Latin American Faculty of Social Sciences (Flacso) in Mexico City.
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American tourists with existing plans to travel to Cuba may not be affected.
The influx in Americans going to see the sights has resulted in the rebirth of cruises and air service from the U.S.to the island, with nonstop flights available from NY to Havana.
Trump aides said Thursday that Rubio was "very helpful" to the administration as it spent months reviewing the policy. In practice, however, many recent changes to boost ties to Cuba will stay as they are.
Trump has been a longtime critic of the Obama administration's dealings with the Castro regime. Under the Trump administration's future regulations, only educational groups will be able to facilitate these people-to-people interactions.
Tourism is technically banned under the embargo, but under the Obama administration, relaxed regulations allowed Americans to visit Cuba under people-to-people travel.
But, facing pressure from US business and some of his fellow Republicans to avoid turning back the clock completely in relations with communist-ruled Cuba, he also will leave intact many of Obama's steps toward normalization. It will not alter the USA trade embargo, which can only be lifted by Congress.
Some aides have argued that Trump, a former real estate magnate who won the presidency promising to unleash U.S. business and create jobs, would have a hard time defending any moves that close off the Cuban market.
On the stage in Miami, Rep. Mario Diaz-Balart, R-Fla., said the USA would no longer have to witness the "embarrassing spectacle" of an American president glad-handing with a dictator. Two years later, the policy was loosened even further allowing for Cuban products to be treated like any other foreign products for American travelers.
But even some worldwide human rights groups critical of the Cuban government say that would mean doubling down on a failed policy.
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During last year's presidential campaign, Trump threatened to "terminate" deals that the Obama administration made with Cuba. President Barack Obama pursued, and secured, a thaw in relations with its longtime nemesis Cuba and the Castro government.
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