Life and politics from the Sunshine State's best city

Tag archive

U.S. Commerce Department

Obama administration loosens Cuba embargo with new measures

in Statewide/Top Headlines by

The Obama administration is loosening the U.S. trade embargo on Cuba with a new round of regulations allowing American companies to sell to Cuba on credit and export a limited number of products to the Cuban government, officials said Tuesday. The changes are President Barack Obama‘s third attempt to spur U.S.-Cuba commerce despite an embargo that still prohibits most forms of trade with the island. U.S. travel to Cuba has exploded since Obama and Cuban President Raul Castro declared detente…

Keep Reading

Go to Top